Hopson Development Holdings Limited provided group earnings guidance for the six months ended 30 June 2018. Based on the unaudited consolidated management accounts of the group for the six months ended 30 June 2018, the board of directors of the company announced that the group is expected to record an increase in the consolidated profit for the six months ended 30 June 2018 by more than 90% as compared with the profit recorded for the corresponding period in 2017. The expected increase in consolidated profit attributable to equity holders of the Company for the six months ended 30 June 2018 is primarily due to the increase in the recognized revenue from the sale of properties and rental income from investment properties of the group, and a gain arising from a higher revaluation of the group's investment properties during the six months period ended 30 June 2018, as compared with that for the corresponding period in 2017.