Allied Properties (H.K.) Limited provided earnings guidance for the second half and full year ended December 31, 2016. The company expects that the profit attributable to the owners of the company for the second half of 2016 will show a very substantial increase from the first half of 2016 due to the strong performance of the continuing operations. As a result, the Attributable Profit from continuing operations for the full year ended 31st December, 2016 will increase very substantially from HKD 2,353.1 million for the year ended 31st December, 2015. The estimated increase in Attributable Profit from continuing operations in the second half of 2016 compared to the first half is mainly attributable to the stronger performance of the SHK's principal investments; a recovery of credit quality in SHK's consumer finance business; an increased contribution from SHK's structured finance business; and an increased contribution from TACI, which is driven by gains on disposal of certain of its subsidiaries and a gain arising from the purchase of approximately 90.65% interest in a listed company by TACI at a discount.