CNT Group Limited Board informed the shareholders of the Company and prospective investors of the company that based on the preliminary information available to the Board and the unaudited consolidated management accounts of the Group, the company is expected to incur a loss attributable to the Shareholders for the year ended 31 December 2018 in the amount between HKD 18.0 million and HKD 26.0 million, as compared with the profit attributable to the Shareholders for the year ended 31 December 2017 of HKD 37.5 million. During the year ended 31 December 2018, the Group recorded a fair value gain of approximately HKD 91.0 million on its portfolio of investment properties in Hong Kong and Mainland China. However, the unsatisfactory performance of CPM Group Limited (together with its subsidiaries, the "CPM Group"), a non-wholly owned subsidiary of the Company, has resulted in a loss attributable to the Shareholders.