Thing On Enterprise Limited provided earnings guidance for the year ended 31 December 2019. For the period, the Group will record a loss for the year of approximately HKD 185 million as compared to the profit for the last corresponding period in 2018. The loss was mainly attributable by the loss in fair value of investment properties of approximately HKD 207 million for the year. As the Company is still in the process of finalizing the consolidated results of the Group for the year ended 31 December 2019, the information contained in this announcement is only based on the preliminary review and assessment by the Board based on the unaudited consolidated management accounts of the Group and information currently available, which have neither been audited by the auditors nor reviewed by the audit committee of the Company.