Celebrate International Holdings Limited provided earnings guidance for the year ended June 30, 2018. For the year, the expected that the net loss of the Group for the Year will be approximately HKD 155.2 million. The net loss for the Year is mainly attributable to the impairment loss on loan receivables of approximately HKD 77.4 million as there is no available information to assess the recoverability of loan receivable held by a subsidiary that is under voluntary liquidation which still work in progress as at the announcement date and an impairment loss on available-for-sale investments of approximately HKD 16.4 million due to the impairment loss on the investment fund.