Lai Fung Holdings Limited provided earnings guidance year ending 31 July 2019. For the year, the company expected to record a significant decrease from last year. The decrease in profit attributable to owners of the company for the year ending 31 July 2019 is expected to be a mix of: increased profit contribution from the recognition of the sale of properties; a significant decrease in the fair value gain arising from revaluation of the Group's investment properties; and absence of profit contribution from the property sales of a joint venture project of the Company as the sale of the project has been completed.