The board of directors of the company informed the shareholders of the company and potential investors that, based on a preliminary assessment of the unaudited consolidated management accounts of the group for the year ended 31 December 2017 and the information currently available to the company, it is expected that the group will record a consolidated profit of HKD 32,000,000 at most for the year ended 31 December 2017 as compared to a loss of HKD 17,754,000 for the year ended 31 December 2016 (before restatement due to adoption of merger accounting). The turnaround of the group's financial results is mainly attributable to the net profit contributed by Shenzhen Tempus Value Chain Co. Ltd. and its subsidiaries ("Tempus Value Chain"), 61.75% equity interest of which was acquired by the Group on 30 November 2017; significant increase in revenue and profit margin of the existing trading and logistics business; and gain on fair value change of investment properties.