Suncity Group Holdings Limited provided earnings guidance for the year ended December 31, 2018. For the year, the company expects loss attributable to owners as compared to the profit attributable to owners of the company of approximately RMB 197 million in the corresponding period of 2017. The anticipated loss was mainly attributable to increase in loss of approximately RMB 864 million in respect of the change in fair value of derivative financial instruments, the absence of reversal of impairment loss of approximately RMB 438 million recognized in respect of deposits for non-current assets in 2017 and the absence of reversal of provisions for litigations of approximately RMB 289 million in 2017.