Power Financial Group Limited provided earnings guidance for the year ended 31 December 2019. For the period, the Group is expected to continue to record a loss for the year ended 31 December 2019. However, such loss is estimated to be substantially less, say for more than 80%, than that of approximately HKD 437 million for the year ended 31 December 2018. The Directors attribute such substantial decrease in loss for fiscal year 2019 principally to (i) a significant improvement in revenue for fiscal year 2019 (fiscal year 2018: approximately HKD 42 million); (ii) a significant decrease in loss arising on fair value changes on equity instruments at fair value through profit or loss for fiscal year 2019 based on the preliminary valuation prepared by an independent valuer or, as appropriate, the then market price of the relevant listed shares (fiscal year 2018: approximately HKD 326 million); (iii) share of profit of associates for fiscal year 2019 instead of share of loss of associates of approximately HKD 28 million for fiscal year 2018; and (iv) the absence of impairment loss on amounts due from associates during fiscal year 2019 (fiscal year 2018: approximately HKD 37 million).