Asiasec Properties Limited provided earnings guidance for the year ended December 31, 2018. The board of directors of the company informed the shareholders of the company (the shareholders) and potential investors that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the year ended December 31, 2018, the group is expected to record a significant decrease in the consolidated net profit for the year ended December 31, 2018 as compared with the consolidated net profit for the year ended 31st December, 2017. The main reasons for the decrease in the consolidated net profit were caused by (i) a decrease in fair value gain of investment properties of approximately HKD 21 million; and (ii) a decrease in share of profit of associates of approximately HKD 43 million, compared with the year ended 31st December, 2017.