Nine Express Limited provided consolidated earnings guidance for the year ended December 31, 2017. For the year, the group is expected to record a consolidated net loss attributable to the owners of the company of approximately HKD 395 million as compared with net loss attributable to owners of the company of approximately HKD 329 million for the year ended December 31, 2016. Such losses are attributable to: an impairment loss on investment in an associate of approximately HKD 247 million recognised and properties under development written down of approximately HKD 181 million recognised.