MMG Limited announced earnings guidance for the financial year ended December 31, 2018. For the year, the group expects a net profit after tax of approximately $135 million to $140 million as compared to $348.4 million a year ago. NPAT attributable to equity holders of the company is expected to be approximately $65 million to $70 million compared to $147.1 million a year ago. This result may be below market expectations and is largely attributable to the softer second half trading conditions, where the Group is expected to record a net loss after tax of approximately $50 million to $55 million, including a NLAT attributable to equity holders of the company of $55 million to $60 million.