GS Holdings Limited provided earnings guidance for the half year ended 30 June 2017. For the period, the Group is expected to report a loss for half year of 2017 which is attributable to the following reasons: (i) Higher wages and higher foreign workers levy due to the increase in foreign workers hired. Both are as a result of the continuous tight labour market. (ii) Higher depreciation charges as a result of the new equipment commissioned during the period. (iii) The absence of one-off other income during half year of 2017.