Veeko International Holdings Limited provided consolidated earnings guidance for the six months ended 30 September 2018. The preliminary review of the unaudited consolidated management accounts of the company for the five months ended 31 August 2018 and the information currently available to the company, the loss of the group for the six months ended 30 September 2018 is expected to reduce by more than 40% as compared with the loss in the corresponding period of 2017. Such improvement in financial performance was primarily attributable to, among others, (i) the reduction in loss of the group's cosmetics business; (ii) better cost control; and (iii) valuation gain in investment properties.