Ever Harvest Group Holdings Limited provided earnings guidance for the six months ended June 30, 2018. The group is expected to record a loss of approximately HKD 5 million for the six months ended 30 June 2018 as compared to the profit recorded of approximately HKD 0.1 million for the same period in 2017. The Board believes that the aforesaid turnaround from profit to loss for the 2018 Interim Period was mainly attributable to the absence of other income from government grants in the 2018 Interim Period while the Group recorded government grants of HKD 2.1 million for the same period in 2017; and the gross profit margin during the 2018 Interim Period was narrowed as compared to the same period in 2017 as a result of keener competition and the Group maintaining lower freight rates, and increasing international fuel price compared to the same period in 2017.