North Asia Resources Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2017. The board of directors of the company announced that the preliminary unaudited consolidated management accounts of the Group for the six months ended June 30, 2017, the Group expects to record a loss attributable to owners of the company approximately in the range of HKD 110 million to HKD 130 million as compared the loss approximately HKD 245 million for the corresponding period in 2016. The decrease in the Loss for the 2017 Interim as compared to the 2016 Interim was mainly attributable to the combined effects of the following factors: the recorded a significant increase in revenue during the 2017 Interim mainly from the mining operation and the new business in cassava starch operation; the recorded decrease in impairment loss in respect of mining rights and property, plant and equipment for the 2017 interim; a gain on the disposal of the entire issued share capital of an indirect wholly-owned subsidiary of the company (Topasia Computer Limited) for the 2017 interim, details of which were disclosed in the company's announcement dated 21 June 2017; and the decrease in finance costs for the 2017 interim as compared to those for the 2016 interim.