Macau Legend Development Limited provided consolidated earnings guidance for the year ended December 31, 2017. The group is expected to record an increase of over 85% in its consolidated net loss for the year ended 31 December 2017 when comparing with the corresponding period in 2016. The increase inloss for the year ended 31 December 2017 is primarily attributable to: (i) an increase in depreciation arising from the operation of Legend Palace Hotel since early 2017; (ii) an increase in finance costs due to the cessation of interest capitalization related to Legend Palace Hotel during the year; and (iii) an increase in impairment on property, plant and equipment and a decrease in potential revenue due to Typhoon Hato.