Tian Shan Development (Holding) Limited provided group earnings guidance for the six months ended June 30, 2018. The Company is expected to record a net loss for the six months ended 30 June 2018 as compared to a net profit for the corresponding period for the six months ended 30 June 2017. The Board considers that such decrease was primarily due to the fact that certain development projects of the group are still under construction and the pre-sale in relation to such development projects cannot be recognized as turnover until delivery of the pre-sold properties to purchasers.