Dragon King Group Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2018. For the year group's unaudited net loss after tax for the year ended 31 December 2018 is expected to increase significantly as compared with the corresponding period in 2017. The increase in loss-making position for the year ended 31 December 2018 was mainly attributable to the decrease in revenue of the Group's restaurants operating in Hong Kong resulted from the downturn of the domestic property and stock markets in the second half of 2018 which affected the consumption sentiment of customers and resulting in the increase in the operating loss; the decrease in revenue of the Group 's restaurant operating in Shanghai due to the Sino-US trade war in the second half of 2018 which affected the consumption sentiment of customers and resulting in an increase in its operating loss; the operating loss incurred by the two newly operated restaurants in Kwai Chung and Wan Chai, which were opened in May and August 2018 respectively, during their initial stage of operation; the one-off loss of the Group from disposing the items of property, plant and equipment due to the closure of the restaurant in Wan Chai; the one-off discretionary bonus paid to the Group's employees; and the impairment loss of property, plant and equipment and trade receivables of the Group.