Paladin Limited provided earnings guidance for the six months ended December 31, 2018. For the period, based on the preliminary review of the management accounts of the Group for the six months ended December 31, 2018, the Group is expected to record a loss as compared to a profit for the corresponding period in 2017. Such loss is mainly due to (1) fair value loss on the Group's investment properties of approximately HKD 8 million (2017: gain of approximately HKD 29 million); (2) increase in share option expenses of approximately HKD 12 million attributable to the share options granted by the Company in November 2018; and (3) increase in operating expenses of approximately HKD 12 million for high technology business.