Asia Energy Logistics Group Limited provided earnings guidance for the yearn ended December 31, 2018. The board of directors of the company inform the shareholders and potential investors of the company that based on the preliminary assessment on the information currently available to the Board, the Group is expected to record a significant increase in the loss for the year ended 31 December 2018 as compared to that for the year ended 31 December 2017. The significant increase in loss for the year ended 31 December 2018, which was partly offset by the increase in revenue during the year, was primarily attributable to the increase in share based payment resulted from the grant of share options under the company's share option schemes; the increase in the share of loss of a joint venture; the adverse fair value change of derivative financial instruments based on the valuation of the convertible bonds issued by the company; and the increase in finance costs incurred for the Group's operations.