South Shore Holdings Limited provided earnings and impairment guidance for the year ended 31 March 2019. The company announced significantly increase the loss of the Group for the year ended 31 March 2019 as compared with the loss recorded in the last corresponding year. The Company expects to make an impairment of approximately HKD 4.7 billion on the carrying amount of assets under the hotel segment in its financial statements for the year ended 31 March 2019 in accordance with the latest valuation report from an independent professional valuer. The impairment is a non-cash accounting treatment in accordance with Hong Kong Financial Reporting Standards and has no effect on the cash flows relevant to the Group's operation.