ASL Marine Holdings Ltd. provided earnings guidance for the fourth quarter ended June 30, 2016. The Board of Directors of the Company expected that the Company and its subsidiaries will record a loss in the unaudited consolidated financial results for fourth quarter 2016. The expected loss for fourth quarter of fiscal year 2016 are primarily due to provision of one-off reorganization cost from Engineering segment as well as impairment losses on its receivables (including 100% of the amount owed by wholly-owned subsidiaries of Swiber Holdings Limited), built-to- stocks vessels and chartering fleet in view of the protracted weakness and uncertainty of recovery in the global marine industry.