New Century Group Hong Kong Limited provided earnings guidance for the year ended March 31, 2017. The Group is expected to record a profit attributable to owners of the company for the year ended 31 March 2017 as compared to a loss attributable to owners of the company recorded for year ended 31 March 2016. Such turnaround from loss to profit was mainly attributable to (i) net unrealized fair value gains of equity investments at fair value through profit or loss of approximately HKD 74 million (2016: net unrealized fair value losses of approximately HKD 44 million); (ii) full year's charter service income from a cruise ship named "Aegean Paradise" which was acquired in late 2015 and began to contribute income effective from early 2016; and (iii) fair value gains on investment properties (2016: fair value losses) even though there was revaluation deficit on cruise ships (2016: revaluation surplus).