The board of directors of Weiye Holdings Limited provided group earnings guidance for the twelve months ended 31 December 2017. The group is expected to record a better net profit attributable to owners of the company for the fiscal year 2017, which is over 70% increase as compared to twelve months ended 31 December 2016. Barring any unforeseen circumstances and to the best knowledge of the board, the group is expected to report a better net profit attributable to owners of the company for the fiscal year 2017 as compared to fiscal year 2016 mainly due to an increase of over 10% in gross profit mainly caused by the higher total net saleable floor area handed over to customers in fourth quarter of 2017; and an increase of over 140% in share of profit from investment in joint venture caused by higher total net saleable floor area handed over to customers in fourth quarter of 2017 by joint venture company.