Hua Lien International (Holding) Company Limited provided earnings guidance for the year ending December 31, 2019. For the period, the company expected to record an increase of approximately 15% to approximately 30% in the loss of for the year ended 31 December 2019 as compared to the loss for the year ended 31 December 2018. Such expected increase in loss was mainly attributable to the following factors: an impairment loss of right of use assets of approximately HKD 28 million, which is equal to initial recognized amount, needed to be recognised as an expense in profit or loss upon the adoption of new HKFRS 16; there will be provision for write-down of inventories in relation to the spare parts for those plant and machinery of the suspended sugar factory of approximately HKD 21 million; and the Company is also assessing the recoverability of the account receivables and provision for doubtful debt of approximately HKD 11 million may have to be made for the account receivables.