Dafeng Port Heshun Technology Company Limited provided group earnings guidance for the year ended 31 December 2018. The board of directors of the Company informed the shareholders and potential investors of the Company that, based on the information currently available and the preliminary assessment of the unaudited consolidated financial statements of the Group for the year ended 31 December 2018, the Group is expected to record an increase in the loss after taxation from approximately HKD 84.5 million for the nine months ended 30 September 2018 to approximately HKD 175.9 million (taking into account the impairment loss of approximately HKD 55.8 million in relation to the acquisition and disposal activities during the year), comparing to a profit of approximately HKD 1.4 million for the corresponding period in 2017. The loss was mainly due to the slowdown of port turnover which has affected the Group's integrated logistics handling and the relevant supporting services business; the Group's trading business being negatively affected by international market turmoil, which the cost of petrochemical raw material has increased while such price fluctuation was not effectively hedged; the suspended operation of some petrochemical storage tanks and increased maintenance cost due to construction for expansion and maintenance of petrochemical storage tanks; the one-off subsidies received from the government by Dafeng Harbour Port Logistics Company Limited, which was disposed by the Company in June 2017, for the corresponding period in 2017 whereas no such subsidies were recognised for the 2018 Annual Results; the one-off gain recognised from the disposal of Dafeng Logistics for the corresponding period in 2017 whereas no such gain was recognised for the 2018 Annual Results; the one-off.