Allied Sustainability and Environmental Consultants Group Limited provided consolidated earnings guidance for the three months ended June 30, 2018. For the period, the company is expected to record a loss of approximately HKD 2.2 million as compared to the net profit of approximately HKD 1.3 million for the corresponding period in 2017. Such loss was mainly attributable to, inter alia, (i) a drop in the overall revenue and gross profit for green building certification consultancy and acoustics, noise and vibration control and audio-visual design consultancy projects in Hong Kong for the three months ended 30 June 2018 due to keen competition and the general decrease in the bidding price in the industry; (ii) unrealised (non-cash) loss arising from the adverse fair value change of the financial assets at fair value through profit or loss; and (iii) incurrence of additional administrative expenses so as to cope with future development of the Group.