Hong Wei (Asia) Holdings Company Limited provides group earnings guidance for the nine months ended September 30, 2017. For the period, the company expects to report an increase in revenue compared with the nine months ended 30 September 2016: the increase in unit costs of raw materials in the first half year of 2017 though it was noted with recent declining trend has continued to put pressure on the gross profit margin; the increase in the selling expenses particularly in products packaging costs as a result of change in product packaging method in order to secure products from damage during transportation and (iii) the increase in administration expenses particularly arising from the recognition of legal and professional fee incurred in respect of the proposed major and connected acquisition first announced in January 2016 and which was terminated on 26 April 2017 and the significant decrease in net gains arising from changes in fair values less costs to sell of biological assets for approximately of HKD 13,000,000 because of the change in valuation methodology from market approach to income approach in view of more detailed harvesting plan on biological assets was formulated have contributed to approximately over 50% reduction in the profit attributable to the owners of the company.