Celestial Asia Securities Holdings Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2018. The company group is expected to record a substantial loss for the year ended 31 December 2018 after taking into account a proposed total loss of approximately HKD 272 million in respect of interests in an associate in finalizing the consolidated results of the group for the year ended 31 December 2018, as compared to a net profit attributable to the shareholders of approximately HKD 23.9 million for the corresponding year ended 31 December 2017. The turnaround from profit to loss was mainly attributable to the potential impairment loss on the interests in CASH Financial Services Group Limited, ("CFSG" (stock code: 510), an associate of the company") in accordance with Hong Kong Accounting Standard ("HKAS") 28 "Investments in Associates and Joint Ventures" ("HKAS 28") after taking into consideration the drop in share price of CFSG during the year.