CNT Group Limited provided earnings guidance for the year ending 31 December 2019. For the period, the company expects to record a profit attributable to Shareholders for the year ended 31 December 2019 in the amount between HKD 230.0 million and HKD 280.0 million, as compared to the loss attributable to Shareholders of HKD 25.1 million for the year ended 31 December 2018. The turnaround from loss to profit for the year ended 31 December 2019 was primarily due to the gain on disposal of the subsidiaries holding the investment properties located in Sai Kung of HKD 490.4 million, as set in the interim report of the Company for the six months ended 30 June 2019, which outweighed the effect from the decrease in the fair value of the investment property located in Wan Chai (the Wan Chai Property) acquired by the Group in May 2019 by approximately 40.9%, as compared to the acquisition cost of the investment property of HKD 530.0 million. The Wan Chai Property is currently leased to an independent third party as a hotel, and there is no default of the lease payments payable by the lessee.