Coastal Greenland Limited provided consolidated earnings guidance for the six months ended September 30, 2018. The board of directors of the company announced that based on the preliminary assessment of the information currently available to the company and the unaudited management accounts of the Group, the company expected to record a consolidated net profit for the six months ended September 30, 2018 as compared to a consolidated net loss for the six months ended 30 September 2017. The unaudited consolidated net profit for the six months ended 30 September 2018 is estimated to be in the range between HKD 200 million and HKD 400 million. The expected consolidated net profit was mainly attributable to a gain recognized from the disposal of certain subsidiaries and an associate of the company engaging in property development, details of which were disclosed in the company's announcement dated January 23, 2018.