The board of directors of HKC (Holdings) Limited informed the shareholders of the company and potential investors that based on the unaudited consolidated accounts of the Group for the year ended 31 December 2017, the Group is expected to record an over 80% increase in the unaudited consolidated net profit for the year ended 31 December 2017 as compared to the audited consolidated net profit for the previous corresponding period ended 31 December 2016. Such improvement is mainly due to an increase in property sales and valuation gain of investment properties.