Talent Property Group Limited provided earnings guidance for the year ended 31 December 2019. For the period, the company expects to record a loss attributable to Shareholders for the year ended 31 December 2019 as compared with a profit attributable to Shareholders for the year ended 31 December 2018. The expected loss is primarily attributable to: (i) an expected provision for impairment loss in relation to properties under development in Yangzhou and Xuzhou as compared with a reversal of impairment loss in relation to properties under development in Guangzhou in last year after taking into consideration of recent market conditions as well as the expected loss of value based on the revaluation to be conducted by professional valuer; (ii) an unfavourable fair value changes on investment properties of not less than RMB60 million taking into consideration of the expected loss of value based on the revaluation to be conducted by professional valuer; and (iii) an increase of finance costs to not less than RMB30 million as a result of increased borrowings for the development of various projects.