Huisheng International Holdings Limited provided group earnings guidance for the year ended 31 December 2018. The board of directors of the company informed the shareholders of the company and potential investors that based on information that is currently available, the group is expected to record a substantial increase in loss for the year ended 31 December 2018 as compared to that in the last year which is mainly resulted from the decrease in revenue, write-off of biological assets, write-off of inventories and provision of an impairment of property, plant and equipment. The reason for such increase in loss is due to the decrease in sales and revenue as a result of the decrease in demand for pork.