The board of directors of Boer Power Holdings Limited announced that the Group expects to record a substantial loss for the year ended 31 December 2018 as compared to the same period in 2017. There was an unexpected change in business environment during the year 2018. The company has decided to make the additional impairment loss on the basis that the timing of realising those Receivables is uncertain, and the recovery process of some of the Receivables is slower than expected.