Harmonicare Medical Holdings Limited provided earnings guidance for the six months ended June 30, 2018. The company based on the preliminary assessment of the unaudited consolidated management accounts of the group for the six months ended June 30, 2018, it is expected that the company will record net loss for the current period as compared to the net profit of approximately RMB 11,218,000 for the six months ended June 30, 2017. Such expected decline is mainly attributable to, among other things the following reasons: the increase in marketing expenses and staff compensation due to the strengthening of the promotion effort and talent reserve in order to increase the revenue, as compared to those incurred during the corresponding period, the increase in administration expenses due to the further development of new hospitals, as compared to those incurred during the corresponding period and the increase in the share of loss of associates as compared to that during the corresponding period.