KEE Holdings Company Limited provided earnings guidance for the year ended 31 December 2017. Based on the preliminary assessment of the consolidated management accounts of the Group for the year ended 31 December 2017, the Group is expected to record a net loss for the year ended 31 December 2017 as compared to the profit in 2016. The Board believes that such loss was primarily attributable to the facts that the real estate agency business (which was disposed on 24 August 2017) was performing weakly, especially after the government of the People's Republic of China imposed home purchase restrictions on residential real estate market in various cities in the PRC; no gain on disposal of property, plant and equipment and leasehold land to related parties was recorded for the year ended 31 December 2017 as compared to the year ended 31 December 2016; the gain on disposal ­ of subsidiaries for the year ended 31 December 2017 was lower than that for the year ended 31 December 2016 and net foreign exchange loss was recorded for the year ended 31 December 2017 as compared to a net foreign exchange gain for the year ended 31 December 2016.