The board of directors of AVIC International Holding (HK) Limited announced that based on the information available the group is expected to record a significant increase in the loss attributable to owners of the parents for the six months ended 30 June 2018 to approximately HKD 110 million ­ HKD 140 million from approximately HKD 57 million for the same period last year. The increase in loss was mainly attributable to a one-off gain on disposal of convertible loans of approximately HKD 87 million recorded in the same period last year, though there was a decrease in the losses in respect of financial instruments held as compared to the same period last year.