Legend Strategy International Holdings Group Company Limited provided earnings guidance for the year ending 31 December 2018. The Group is expected to record a significant decrease of approximately 80% in net loss attributable to equity holders of the Company for the year ending 31 December 2018 as compared to the corresponding period in 2017. The Board considers that such decrease was mainly driven by the following factors: the commencement of business of Hazens East Resort in June 2018 which has increased the number of available rooms and expanded the size of the hotel business of the Group; the improvement of the existing hotel performance (in particular Nanshan Hotel the renovation of which was completed in September 2017) due to effective marketing plans adopted by the sales team, under which cooperation agreements have been entered into with tourism intermediaries, and corporate customers who have been proactively approached to satisfy their needs; a series of operation improvement schemes implemented during the year to enhance hotel facilities and to improve service quality, customers' satisfaction and staff morale; and the decrease in operating costs such as employee benefit expenses and operating lease expenses in Hong Kong due to the cost-saving strategies implemented by the management during the year.