Polytec Asset Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2019. Based on a preliminary review of the draft unaudited consolidated management accounts of the Group for the year ended 31 December 2019, the Group is expected to record a substantial decrease in profit attributable to equity shareholders of the Company by not more than 60% for the year ended 31 December 2019 as compared to that for 2018. Such decrease was mainly due to the substantial decrease in the income from and the fair value change on the interests in property development held by the Group in respect of the La Marina development project (located at Lotes T+T1) in Macau, and an impairment loss made for the oil production and exploitation assets in the Group's South Alibek Oilfield in Kazakhstan in view of the prevailing market and development conditions.