Wai Kee Holdings Limited provided group earnings guidance for the six months ended 30 June 2017. Based on the company's preliminary review of the group's estimated results (and without taking into account any contribution of Road King Infrastructure Limited (RKI)) in the unaudited consolidated management accounts of the group for the six months ended 30th June, 2017, it is expected to record a significant decline in net profits for half year of 2017 of not less than 60% as compared with that for the six months ended 30th June, 2016. The decline is mainly due to (i) the recognition of approximately HKD 24 million loss on deemed disposal of partial interest in RKI during first half of 2017 as a result of the issue of shares by RKI pursuant to the exercise of share options granted by it under its share options scheme and (ii) a significant decrease in discount on acquisition of additional interest in RKI from HKD 40 million for first half of 2016 to approximately HKD 5 million for first half of 2017 as a results of purchases of RKI shares.