Digital Domain Holdings Limited provided earnings guidance results for the financial year ended 31 December 2019. The Board of the Company announced that for 2019, the Company expects to report consolidated operating loss (before impairment) in the range of HKD 360 million to HKD 375 million (FY2018: HKD 525 million) and loss for the year (inclusive of impairment for FY2019) on consolidated income statements of the Group in the range of HKD 440 million to HKD 460 million (FY2018: HKD 525 million). The impairments were made mainly in respect of the Group's post production and 360 degree digital capture technology application CGUs (described in the notes to consolidated financial statements of the Group for FY2018) for reasons described in the Announcement. The Group also expects to record a fair value downward adjustment of approximately HKD 165 million (to be reflected on its consolidated statement of comprehensive income) for the Group's minority equity investment in of Mango International Group Limited that has been classified as "Financial Asset measured at Fair Value through Other Comprehensive Income" as the prospect of the recovery of the book value of the Group's investment has become extremely low.