Hong Kong Education (Int'l) Investments Limited provided earnings guidance for the six months ended 31 December 2018. Based on its preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 31 December 2018, the Group is expected to record net loss for the six months ended 31 December 2018 as compared to a net profit of approximately HKD 5.6 million for the six months ended 31 December 2017. The Board considers that such expected loss was mainly attributable to (i) the loss arising on change in fair value of financial assets at fair value through profit or loss of approximately HKD 10.3 million recorded in the six months ended 31 December 2018 and (ii) lack of one- off gain on disposal of subsidiaries in the six months ended 31 December 2018.