Singapore eDevelopment Limited provides consolidated earnings guidance for the fiscal period ended 30 June 2019. For the period, the group expects to report a loss for half year of 2019. Principally due to the following factors: the Group's property development project in Houston, Texas (the Black Oak Project) has started generating revenue from the sale of the properties but the sale of 124 lots located in the Black Oak Project were sold at a lower margin as compared to the Ballenger Run Project. This has resulted in an overall decrease in the profit margin of the Group's property development business; the operating and marketing expenses incurred are higher than the revenue generated from the Group's network marketing platform business; research and development expenses were incurred in respect of the Group's biomedical business; operating expenses were incurred in respect of the Group's information technology business; and the Group's investment business reported a fair value loss in respect of its investment securities.