Gudou Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2018. For the year, based on its preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2018 despite that the Group is expected to turn around from a consolidated net loss after taxation of approximately RMB 13.6 million for the nine months ended 30 September 2018 to a profit for the year ended 31 December 2018, the consolidated net profit after taxation of the Group for the Year will be at least 70% lower when compared to that for the year ended 31 December 2017. The reduction in the Group's consolidated net profit after taxation for the Year is mainly attributable to two reasons:-- decreased level of revenue recognized for the Group's tourism property development business as a result of less than expected gross floor area delivered and sold in the fourth quarter of the Year (in contrast with delivery of most units of Mountain Seaview Vacation Residence in the fourth quarter of 2017); and a decrease in other income due to a recognition of one-off gain on disposal of a property by the Group for the year ended 31 December 2017 amounting to approximately RMB 18.5 million.