Hongkong Chinese Limited provided consolidated earnings guidance for the six months ended September 30, 2019. For the period, the group is likely to record a share of profit of joint ventures of not less than HKD 200 million for the six months ended 30 September 2019 as compared to a share of loss of approximately HKD 112 million for the six months ended 30 September 2018. The share of profit of joint ventures mainly resulted from the gain on disposal of interests in an associate by a joint venture, higher contribution from equity-accounted investees of the joint ventures and partial offset by the fair value loss on investment properties of the joint ventures during the Period. Accordingly, the Group is likely to record a profit attributable to equity holders of the Company of not less than HKD 200 million for the Period as compared to a loss of approximately HKD 126 million for the 2018 Period.