Regal Hotels International Holdings Limited announced that the unaudited consolidated management accounts of the Group for the year ended 31st December, 2018, the profit of the Group for the year ended 31st December, 2018 is expected to decrease by more than 40% as compared with that reported for the preceding year. The expected decrease in the profit to be achieved for the year was principally due to the fact that in the year ended 31st December, 2017, there was an one-off income derived from the reimbursement of rental expenses (net of hotel operating income) with regards to the leasing by the Group of the iclub Sheung Wan Hotel and iclub Fortress Hill Hotel for their initial 3-year terms and, as affected by the downturn of the debt and capital markets, particularly in the second half of the year, the profit contribution derived from the Group's financial assets investment business during the year was significantly below the level attained in 2017.