Sino Prosper (Group) Holdings Limited provided earnings guidance for the six months ended September 30, 2018. The board of directors of the Company announced that, based on the preliminary assessment of the Group's unaudited management accounts for the six months ended September 30, 2018 and information currently available to the Board, the Group is expected that the unaudited consolidated net loss for the six months ended September 30, 2018 increased significantly as compared to that for the six months ended September 30, 2017. Such change is mainly attributable to an increase in impairment loss on loans receivables as at 30 September 2018 which is mainly attributable to the receipt of court orders in relation to bankruptcy and reorganization of certain debtors in the People's Republic of China.