Ngai Hing Hong Co. Ltd. provided earnings guidance for the six months ended December 31, 2015. For the year, the company expects the interim results of the company and its subsidiaries for the period may incur loss.

Such loss was mainly attributable to the decline in both turnover and gross profit margins of the Group's plastics trading segment caused by the volatile plastic materials market situation in the second half of 2015, the increase in operating expenses especially the increase in employee benefit expenses in the People's Republic of China and the unrealized and realized losses on forward foreign exchange contracts due to the recent fluctuations in the exchange rate of Renminbi.