The board of directors of Lippo China Resources Limited announced that based on information currently available to the Company, the Board estimates that the Group is likely to record a loss attributable to shareholders of not less than HKD 100 million for the year ended 31 March 2018, as compared to a profit of HKD 388 million for the year ended 31 March 2017 which included non-recurring gains on disposal of subsidiaries of approximately HKD 334 million. The loss for the Year was mainly attributable to share of losses of certain associates and joint ventures and the net fair value loss on financial instruments at fair value through profit or loss due to the volatile stock markets during the Year.