Zhongtian International Limited provided earnings guidance for the year ended 31 December 2019. For the year, the company expects to record a consolidated net profit of approximately RMB 56,472.000 for the year ended 31 December 2019 ("FY2019") as compared with a net loss of approximately RMB 44,713,000 for the year ended 31 December 2018. The Board believes that the Group recorded a net profit for 2019, mainly due to (i) the recognition of income in respect of the compensation arising from government expropriation of part of the land located in Qingdao, the PRC held by the Group; and (ii) recovery of other income from sales of properties sold in prior years.