Associated International Hotels Limited provided consolidated earnings guidance for the six months ended 30 September 2018. The company expected that the unaudited consolidated results of the AIHL Group for the six months ended 30 September 2018 will record a profit before taxation of approximately HKD 234 million as compared to a loss before taxation of approximately HKD 125 million for the six months ended 30 September 2017, mainly attributable to the reduction in valuation losses of approximately HKD 372 million in respect of its investment properties. It is expected that there will be a slight decrease in the results arising from the normal business operation of the AIHL Group for the six months ended 30 September 2018.