China Tangshang Holdings Limited provided earnings guidance for the six months ended September 30, 2018. The company expects to record a substantial decrease of net loss as compared to the loss of HKD 26,424,224 recorded for the six months ended 30 September 2017. Based on the relevant information currently available to the company, the Board considers that the improvement in the performance of the group are mainly due to (i) completion of disposal of loss-making subsidiaries in March 2018, (ii) reversal of provision for financial guarantee, and (iii) implementation of various measures on cost control and on reduction of expenditures.