Ju Teng International Holdings Limited reported earnings guidance for the six months ending 30 June, 2017. It is expected that the profit attributable to the equity holders of the company for the six months ending 30 June 2017 will decrease by approximately 50% to 60% as compared to that of the six months ended 30 June 2016. Based on the relevant information currently available, the Board considers that such decrease in earnings is primarily attributable to the substantial decrease in amount of grant and/or subsidies received from the PRC government from approximately HKD 105 million for the six months ended 30 June, 2016 to approximately HKD 26 million for the six months ending 30 June 2017; and the grant of share award during the six months ending 30 June, 2017 pursuant to the share award plan of the company adopted on 19 May, 2017 which is expected to be accounted as non-cash expenses of approximately HKD 18 million.