CVC Limited provided earnings guidance for the half year ended December 31, 2018. For the period, the company announced that as a result of market declines and the adoption of the new accounting standard to recognize revaluations of shares through the profit and loss, the company will incur a statutory loss on its listed investment portfolio for the half year ended December 31, 2018 of approximately AUD 12.5 million. While the results are still subject to audit review, this is likely to result in a statutory after tax loss for the period of approximately AUD 5 million.