Coastal Greenland Limited provided group earnings guidance for the six months ended September 30, 2019. For the six months, the company group expects to record a net loss of not less than approximately HKD 140 million for the Period as compared to a net profit of HKD 328 million for the corresponding period in 2018. The expected loss as compared to a net profit for the Previous Period is mainly attributable to the combined effects of (i) a non-recurring gain on disposal of subsidiaries recorded in the Previous Period; (ii) other expenses incurred in the Previous Period which was non-recurring in nature; and (iii) the decrease in revenue as a result of the disposal of certain property development subsidiaries during the Previous Period.