Shanghai Zendai Property Limited provided Group earnings guidance for the year ended 31 December 2018. For the period, the Company expects to record a loss as compared to a profit for the year ended 31 December 2017. The loss of the Group for the Reporting Period was mainly attributed to the absence of the one-off gain of HKD 1,193 million from the fair value re-measurement of a former joint venture, whose remaining equity interests were acquired by the Group in 2017 which constituted a business combination, recorded in the previous financial year.