APAC Resources Limited board of directors announced that based on the preliminary review of the unaudited consolidated management accounts of the company and its subsidiaries for the six months ended 31 December 2017 and the information currently available, the interim results of the Group for the first half of 2018 period are expected to record a profit attributable to the shareholders of not less than HKD 400 million as compared to the profit attributable to the shareholders of approximately HKD 328 million for the six months ended 31 December 2016. The expected profit attributable to the shareholders for the first half of 2018 period is mainly attributable to the increase in: profit contribution from core business segments; and the Group's share of the reported profit of the principal associate of the Company, Mount Gibson Iron Limited.