Kowloon Development Company Limited provided consolidated earnings guidance for the six months ended June 30, 2019. The Board of the company inform the shareholders of the company and potential investors that, based on a preliminary review of the draft unaudited consolidated financial statements of the Group for the six months ended 30 June 2019, the Group is expected to record a significant increase in profit attributable to shareholders for this period by not less than 70% as compared to that for the corresponding period in 2018 which was mainly due to the recognition of sales and profit from the property development project of the Group in Hong Kong.