The Board of Directors of Herald Holdings Limited announced that, based on the information currently available, the Group is expected to record a net loss attributable to the shareholders for the six months ended 31 March 2017 as compared to the net profit attributable to the shareholders for the six months ended 31 March 2016, which were mainly attributable to the decline in the Group's revenue for the six months ended 31 March 2017 by approximately 37% as compared to the corresponding period in last year; and the recognition of an allowance for doubtful debts of approximately HKD 30 million for a customer of the Computer Products Division. Nevertheless, with the one-off gain on disposal of properties in Shenzhen attributable to the shareholders of approximately HKD 106.4 million during the six months ended 30 September 2016, the Group expects the net profit attributable to the shareholders for the year ended 31 March 2017 would not be lower than that for the year ended 31 March 2016.