Gudou Holdings Limited provided earnings guidance for the three months ended 31 March 2019. The Group is expected to record unaudited consolidated net loss of between RMB 0.6 million and RMB 9.6 million for the Period, subject to finalisation of amount of fair value gain on investment properties, as compared to audited consolidated net profit of approximately RMB 0.9 million for the corresponding period in 2018. The main reason being attributable to a decreased level of revenue from the Group's hot spring resort and hotel operations due to the warmer weather and a general decline in consumer demand.