Astaka Holdings Limited provided earnings guidance for the second quarter ended December 31, 2018. The Group is expected to report a net loss for the second quarter ended 31 December 2018 based on a preliminary assessment of the Group's unaudited financial results for second quarter of fiscal year 2019. The Group is expected to report a loss after tax, which is mainly attributable to the allowance for the foreseeable losses for the initial phases of the Bukit Pelali at the rate of Pengerang project and the slowdown in sales of the remaining unsold units at The Astaka at the rate of One Bukit Senyum project which was completed in June 2018 and commanded higher margins than the Group's other on-going projects, due to the weak overall general property market outlook in Malaysia.