Sinolink Worldwide Holdings Limited provided guidance results for the six months ended June 30, 2019. For the period, the group expects to record a loss not less than HKD 110 million in its loss attributable to owners of the company for the six months ended 30 June 2019 as compared to profit attributable to owners of the Company of HKD 124 million for the six months ended 30 June 2018. Based on the relevant information currently available to the Company, the Board considers that the expected loss attributable to the owners of the Company was mainly due to the following factors: turnaround from share of profit of an associate of HKD 25 million for the six months ended 30 June 2018 to share of loss of an associate mainly from investment properties revaluation for a total amount of not less than HKD 45 million for the six months ended 30 June 2019; increase in share of loss of an associate of approximately of HKD 55 million for the six months ended 30 June 2019 mainly from the initial development cost incurred by an associate; decrease in fair value of the loan receivable from associates and amount due from associates for investment financing a property development and property investment project in Shanghai of not less than HKD 70 million by taking into consideration the estimated future cash flows and timing of such cash flows discounted at market interest rate; and decrease in fair value gain of investment properties by approximately HKD 32 million as compared with the same period last year.