Chinese Estates Holdings Limited provided earnings guidance for the six months ended June 30, 2019. For the period, the Company it is expected that the Group may record a substantial decline in the revenue ranging from 47% to 57% and consolidated net profit attributable to the owners of the Company ranging from HKD 802 million to HKD 887 million for the six months ended 30th June, 2019, as compared with the revenue of HKD 560 million and the consolidated net loss attributable to the owners of the Company of HKD 364 million for the six months ended 30 June, 2018. The reasons led to a substantial decline in the Revenue and resulted in the Profit are No sale of trading properties during the Period as compared with HKD 274 million recorded in the Revenue and the contributed attributable profit (including share of results of associates) of HKD 129 million in the first half of 2018; Net profit from listed investments and treasury products at fair value through profit or loss; and Increase in loss on fair value changes on investment properties.