C C Land Holdings Limited board of directors announced that based on the latest information currently available to the Board, the Group's profit attributable to its shareholders for the year ended 31 December 2018 is expected to decrease by approximately 45% compared with last year with a recorded profit of HKD 292 million. The expected decrease in profit was primarily attributable to the non-recurring gains in the total amount of HKD 186 million arising from the rental top up received from the vendors in the Company's acquisition of The Leadenhall Building and from the disposal of a joint venture recorded last year. In addition, as the valuation of the Group's investment properties, financial assets and loans receivables as at 31 December 2018 has yet to be finalized by independent professional valuers engaged by the Company as at the date of this announcement, there may or may not be further impact on the Company's results for the year ended 31 December 2018.