HKBridge Financial Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2018. For the period, based on the information currently available to the Group and a preliminary assessment of the unaudited consolidated financial statements of the Group, the company expects to record a significant increase in its consolidated net loss for the Relevant Year of not more than HKD 450 million as compared with the net profit of approximately HKD 456 million of the prior financial year ended 31 December 2017. The Board considers that the expected net loss was mainly due to (i) the substantial fair value losses arising from the adverse market price changes of the listed securities held by the Group at the fair value through its profit and loss and (ii) the impairment loss arisen as the result of the decrease in the market value of the treasury investments being affected by the current wide capital market fluctuations during the Relevant Year. Meanwhile, the foresaid net loss has been offset by expected increase in the share of results of associates due to the unrealized fair value gain on the property development project held by an associate of the Group during the Relevant Year.