China Environmental Resources Group Limited provided earnings guidance for the year ended December 31, 2018. For the period the company expected to record increase in loss for the period ended 31 December 2018 as compared to the results for the corresponding period in 2017. This is the combined effects of decrease in other income to approximately HKD 0.6 million; increase in loss from changes in fair value less costs to sell of biological assets to approximately HKD 48.4 Million; increase in general and administrative and operating expenses to approximately HKD 32.6 million due to launch of golden flower tea products trading business and increase in salaries and directors' emoluments during the period ended 31 December 2018.