Kowloon Development Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2017. For the year, the Group is expected to record a significant increase in profit for the year ended 31 December 2017 as compared to that for the corresponding period in 2016. Such increase was mainly due to (1) the increase in profit derived from the properties development of the Group in Mainland China and (2) the increase in profit contribution by Polytec Asset Holdings Limited a 73.4%-owned listed subsidiary of the Company, from its group's interest in properties development in Macau.