Basetrophy Group Holdings Limited provideD earnings guidance for the eleven months ended 30 November 2017. The board of the directors of the company announced that based on a preliminary review on the unaudited consolidated management accounts of the Group for the eleven months ended 30 November 2017, the Group is expected to record a loss for the eleven months ending 30 November 2017 as compared with a net profit for the same period of 2016. The Board considers that the loss was primarily attributable to the following factors: the decrease in revenue recognized by the Group for the eleven months ended 30 November 2017 mainly due to delays in works progress in the school redevelopment project and the residential property development project in Tuen Mun; and the increase in listing expenses recognized in 2017, and the increase in professional fees, staff costs and other operating expenses following the listing of the Company since June 2017.