Kingbo Strike Limited provided earnings guidance for the year ended 30 June 2019. For the year, the Group is expected to record a loss attributable to equity owners of the Company ranging from approximately SGD 9 million to SGD 10 million, subject to the review and audit by the Company's independent external auditors, as compared to a loss attributable to equity owners of the Company of approximately SGD 1.8 million for the corresponding period in 2018 (the "FISCAL YEAR 2018"). The expected loss attributable to equity owners of the Company was primarily due to the combined effect of: Impairment of goodwill of not more than SGD 4.5 million in FISCAL YEAR 2019, as compared to a goodwill impairment of approximately SGD 1.8 million in FISCAL YEAR 2018. Fair value loss on held for trading investments of approximately SGD 6.1 million in FISCAL YEAR 2019, as compared to a fair value gain on held for trading investments of approximately SGD 0.3 million in FISCAL YEAR 2018. Improvement in solar power business segment results to approximately SGD 6.7 million (before impairment of goodwill) in FISCAL YEAR 2019, as compared to approximately SGD 2.0 million in FISCAL YEAR 2018.