Lee Hing Development Limited provided consolidated earnings guidance for the six months ended June 30, 2018. For the six months, the group expects to record a significant increase in the loss attributable to owners of the Company in the amount of approximately HKD 430 million as compared to the loss in the amount of approximately HKD 19 million for the six months ended 30 June 2017; and a total comprehensive loss attributable to owners of the company in the amount of approximately HKD 430 million as compared to a total comprehensive profit attributable to owners of the company in the amount of approximately HKD 728 million for the six months ended 30 June 2017. The significant increase in the loss attributable to owners of the Company is attributable to the adoption of Hong Kong Financial Reporting Standard 9 for accounting periods beginning on 1 January 2018.