Second Chance Properties Ltd. provided earnings guidance for the fourth quarter and year ended 31 August 2019. The Group expects lower profit for fiscal 2019 as compared to the consolidated financial statements for the financial year ended 2018. Overall, the Group is expected to remain profitable for fiscal 2019 and the fourth quarter ended 31 August 2019. The Group is expected to report a lower profit in fourth quarter of 2019 and fiscal 2019, primarily due to unrealized loss on revaluation of properties recorded in fiscal 2019 as compared to unrealized gain on revaluation of properties reported in fiscal 2018. In addition, there is a loss on sale of investment property in fiscal 2019 against profit on sale of investment property in fiscal 2018.