Sky Chinafortune Holdings Group Limited provided consolidated earnings guidance for the six months ended 30 June 2019. For period, the Group is expected to record a loss as compared to the profit as recorded for the six months ended 30 June 2018. The board considers that the expected loss was mainly attributable to, among other things, (i) the recognition of impairment loss of approximately HKD 8 million in the Group's automobile business segment as a result of the negative impact on the current automobile retail market and the reduction of government subsidies for new energy vehicles; and the decrease in fair value of investment properties of approximately HKD 3 million for the first half 2019 compared to the increase in fair value of investment properties of approximately HKD 2 million as recorded for the first half of 2018.