Prosper Construction Holdings Limited announced that based on a preliminary review of the unaudited consolidated financial statements of the Group for the year ended 31 December 2018, the Group is expected to record a decrease in profit for the Year 2018 by not less than 40% as compared to that for the year ended 31 December 2017 Such decrease in profit was mainly attributable to the decrease in revenue recognized in marine construction works which was primarily due to the delay in progress in the Group's on-going project in Macao owing to the change in construction design by the project owner, which is out of the control and the scope of responsibilities of the Group and a portion of management time and resources being diverted to handle non-recurring matters relating to the takeover of the controlling shareholdings in the Company, leading to less resources available for deployment to business development.