Regal REIT reported unaudited consolidated financial results for the six months ended June 30, 2016. For the six months, the company reported profit before distribution to unit holders of HKD 328.6 million, as compared to a loss of HKD 1,376.9 million reported in the corresponding period in 2015. Based on the market valuations appraised by the principal valuer of Regal REIT as of June 30, 2016, the fair value of Regal REIT's investment properties portfolio has increased by HKD 88.0 million over its last appraised value as of December 31, 2015. This fair value gain has been reflected in its results for the interim period, while for the comparative period last year, a fair value loss of HKD 1,631.4 million was recorded. If these fair value changes are excluded, the core profit before distributions to unit holders for the period under review would amount to HKD 240.6 million, as compared to HKD 254.6 million for the same period in 2015.