AVIC International Holding (HK) Limited provided earnings guidance for the year ended 31 December 2019. For the year, the company is expected to record a loss of not less than HKD 40 million compared with a profit for the same period of last year of HKD 380 million, which was mainly because a profit from the discontinued operation of HKD 508 million was recorded for the same period of last year for the property development and investment business disposed of in 2018, which was partly offset by a drop in the loss recorded by the general aviation aircraft piston engine business.