Pak Fah Yeow International Limited provided consolidated earnings guidance for the six months ended 30 June 2018. The group is expected to record a decrease of approximately 70% in the consolidated net profit attributable to the owners of the company for the six months ended 30 June 2018 as compared to the published consolidated net profit attributable to the owners of the company of HKD 50.2 million for the same corresponding period in 2017. The board considers that the expected decrease was mainly attributable to (1) a significant decrease in the sales revenue of Hoe Hin products for the six months ended 30 June 2018 of not less than 40% as compared to the sales of Hoe Hin products of HKD 74.4 million of the corresponding period in 2017, which was mainly due to reasons as mentioned in the announcement; and (2) a decrease in the unrealized fair value gain on the group's investment properties of approximately 40% as compared to the unrealized fair value gain of HKD 22.3 million of the corresponding period in 2017 due to assessment of property valuation.