Hao Tian Development Group Limited provided group earnings guidance for the six months ended September 30, 2018. For the period, the group expected to record a loss. The expected loss for the period is mainly attributable to the fair value loss on certain investments of the group at fair value through profit or loss of approximately HKD 380 million during the period (compared to fair value gain on investments of approximately HKD 80 million recognized in profit or loss, and approximately HKD 70 million fair value loss recognized in other comprehensive income, during the six months ended 30 September 2017), resulting from the adoption of Hong Kong Financial Reporting Standards 9. The figures stated above had considered the impact from taxation.