Prosperity Investment Holdings Limited provided earnings guidance for the year ended December 31, 2018. For the period, the group expects to record a loss of approximately HKD 87 million for the year ended 31 December 2018, as compared with the profit of approximately HKD 0.2 million for the year ended 31 December 2017. The loss for the Year was primarily due to the following reasons: a loss of approximately HKD 53 million (loss of approximately HKD 13 million for Year 2017) arose from the change in fair value of revenue in nature listed equity investments at fair value through profit or loss which was caused by the fluctuation of the stock market; a loss of approximately HKD 15 million arose from the change in fair value of capital in nature listed equity investments at fair value through profit or loss upon the first adoption of Hong Kong Financial Reporting Standard 9 (a fair value gain of approximately HKD 7 million treated under investment revaluation reserve for Year 2017); and no gain (gain of approximately HKD 31 million from the disposal of Yantai Juli Fine Chemical Co., Limited for Year 2017 from the disposal of available-for-sale unlisted equity investments.