Pak Fah Yeow International Limited announced that based on preliminary assessment of the management accounts of the Group, the board of directors of the Company is expected to record a significant increase in the consolidated net profit attributable to the owners of the Company for the year ended 31 December 2017 as compared to the published consolidated net profit attributable to the owners of the Company of HKD 61.2 million for the same corresponding period in 2016. The Board considers that the expected increase was attributable to unrealised fair value gain of approximately HKD 35.4 million on the Group's investment properties due to assessment of property valuation as compared to valuation loss of HKD 1.3 million for the year ended 31 December 2016, while there was a slight decrease in the profit contribution from healthcare business for the year ended 31 December 2017.