Pak Fah Yeow International Limited provided earnings outlook for the six months ended June 30, 2017. Based on preliminary assessment of the management accounts of the Group, the board of directors of the company informs the shareholders of the company and potential investors that the Group is expected to record an increase of approximately 800% in the consolidated net profit attributable to the owners of the company for the six months ended June 30, 2017 as compared to the published consolidated net profit attributable to the owners of the Company of HKD 5,224,000 for the same corresponding period in 2016. The Board considers that the expected increase was mainly attributable to unrealised fair value gain of approximately HKD 22,300,000 on the Group's investment properties due to assessment of property valuation as compared to valuation loss of HKD 17,901,000 for the six months ended June 30, 2016.