The board of directors of China Sandi Holdings Limited informed the shareholders of the company and potential investors of the company that, based on the information currently available to the company and preliminary review of the unaudited consolidated management accounts of the Group, it is expected to record a loss (the "loss") for the six months period ended 30 September 2018 as compared to a profit of approximately HKD 129.1 million for the six months period ended 30 September 2017. The loss, among other things, was mainly attributable to (i) decrease in revenue because of no completion of property development projects in the six months ended 30 September 2018 and (ii) the recognition of a fair value loss of investments held for trading.