Sheen Tai Holdings Group Company Limited provided earnings guidance for the six months ended June 30, 2018. Based on a preliminary assessment of the unaudited consolidated management accounts of the group for the six months ended June 30, 2018, the group is expected to record a net profit for the period as compared with a net loss for the corresponding period in 2017. Based on the information currently available to the company, the board considers that the turnaround of the group's performance for the period was primarily due to the reason that there is no change in the fair value of the convertible bonds to be issued by the company for the period as compared with a fair value loss of approximately HKD 12.8 million of the convertible bonds for the corresponding period in 2017.