China Oceanwide Holdings Limited provided group earnings guidance for the six months ended 30 June 2019. For the period, the group is expected to record a net consolidated loss attributable to the shareholders during the period, compared to a net consolidated profit attributable to the shareholders of approximately HKD 13.8 million for the six months ended 30 June 2018. The expected change from profit to loss was mainly attributable to (i) the increase in operating expenses recognised in the consolidated statement of income as the development progress of some projects has been delayed and as such, certain expenses are not capitalised; and (ii) the decrease in both rental income from investment properties and revenue from finance investment segment.