Redco Properties Group Limited provided audited consolidated financial guidance for the year ended December 31, 2017. For the year, the company expects net profit attributable to the owner of the company will record a significant increase of not less than 60% and not more than 150% as compared with the audited consolidated net profit of the company for the year ended 31 December 2016. The board considers that such significant increase is mainly attributable to the revaluation gain from the Group's investment property and the revenue generated from the primary land development in the People's Republic of China.