Allied Sustainability and Environmental Consultants Group Limited provided group earnings guidance for the six months ended September 30, 2018. The board of directors of the company announced that, based on a preliminary review and assessment of the information currently available to the Board, including the Group's unaudited management accounts for the six months ended September 30, 2018, the Group is expected to record a loss of approximately HKD 1.6 million for the six months ended 30 September 2018, as compared to the net profit of approximately HKD 1.4 million for the corresponding period in 2017. Such loss was mainly attributable to, inter alia, a drop in the overall revenue for green building certification consultancy in Hong Kong for the six months ended 30 September 2018 due to a slowdown of progress of the projects, keen competition and a general decrease in the bidding price in the green building certification consultancy service and an increase in subcontracting cost of approximately HKD 1.3 million, mainly for ecology consultancy and laboratory testing services because the Group did not have in-house professional staff in these aspects. Nevertheless, the Group is expected to record an increase in net profit for the three months ended September 30, 2018, as compared to the net profit of approximately HKD 0.2 million for the corresponding period in 2017. The performance of the Group has shown a quarter-on-quarter improvement.