Coastal Greenland Limited provided consolidated earnings guidance for the year ended 31 March 2017. The company expects that it will record a consolidated profit for the year ended 31 March 2017 as compared to a consolidated loss for the year ended 31 March 2016, which was mainly attributable to a gain recognised from the disposal of 70% equity interests in an indirect wholly-owned subsidiary of the Company engaging in property development, details of which were disclosed in the Company's announcement dated 9 August 2016. Based on the preliminary assessment of the information currently available to the Company and the unaudited management accounts of the Group, the unaudited consolidated profit for the year ended 31 March 2017 is estimated to be in the range between HKD 600 million and HKD 800 million.