Courage Investment Group Limited provided earnings guidance for the year ended December 31, 2018. The Board of Directors of the Company based on a preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2018, the Group expects to record a significant decrease in profit attributable to owners of the Company for the year ended 31 December 2018 as compared to the profit of approximately $9.9 million recorded by the Group for the year ended December 31, 2017. Such significant decrease in profit is mainly due to the recognition of the net unrealised loss on listed equity securities held by the Group at the year end of approximately $3.9 million as compared with the comparable net unrealised gain of approximately $2.5 million recorded for the year ended December 31, 2017, despite the profitable results recorded by the three other business segments of the Group, namely marine transportation services, property holding and investment and merchandise trading businesses for the current year.