The board of directors of Town Health International Medical Group Limited informed the shareholders of the Company and potential investors that, based on information currently available, the unaudited consolidated profit of the Group for the six months ended June 30, 2016 is expected to decrease substantially as compared with the unaudited consolidated profit of the Group for the six months ended June 30, 2015. Such decrease was mainly attributable to the decrease in gain on fair value changes on held for trading investments from approximately HKD 298 million for the six months ended June 30, 2015 to approximately HKD 58,000 for the six months ended June 30, 2016.