Lee Hing Development Limited provided earnings guidance for the year ended December 31, 2018. For the year, the company expects a loss attributable to owners of the Company in the amount of approximately HKD 1,194 million for the year ended 31 December 2018 as compared to the amount of approximately HKD 36.8 million for the year ended 31 December 2017; and a total comprehensive loss attributable to owners of the Company in the amount of approximately HKD 1,195 million for the year ended 31 December 2018 as compared to a total comprehensive income attributable to owners of the Company for the year ended 31 December 2017 (audited total comprehensive income attributable to owners of the Company for the year ended 31 December 2017 amounted to approximately HKD 1,231 million). The significant increase in loss attributable to owners of the Company and the total comprehensive loss attributable to owners of the Company are mainly due to (i) charge of change in fair value of listed securities held by the Group to the profit or loss; and (ii) the decrease in the fair value of the investment in PureCircle Limited, a company listed on The London Stock Exchange. As at 31 December 2018, the Company held 45,392,610 shares in PureCircle Limited, representing approximately 25.96% of the issued share capital of PureCircle Limited. The share price of PureCircle Limited was closed at GBP 2.5575 per share as at 31 December 2018 (as compared to the closing price of GBP 4.67 per share as at 31 December 2017). The movements in the change of the fair value of listed securities held by the Group and the Group's investment in PureCircle Limited have not resulted in any cash outflow and have no adverse impact on the cash position of the Group.