Nine Express Limited provided consolidated earnings guidance for the year ended 31 December 2018. The Group is expected to record a consolidated net loss attributable to the owners of the Company of approximately HKD 332 million as compared with net loss attributable to owners of the company of approximately HKD 395 million for the year ended 31 December 2017. Such losses are attributable to an impairment loss on investment in an associate of approximately HKD 204.2 million recognised, and properties under development written down of approximately HKD 32.3 million recognised, and an impairment loss on rental receivables of approximately HKD 5.4 million.