Hong Wei (Asia) Holdings Company Limited provided preliminary earnings guidance for the six months ended 30 June 2018. For the period, the company is expected to record an increase of no less than 100% in profit attributable to the Shareholders as compared to that of the corresponding period last year as published in the company's 2017 interim report. The Board considers that such increase in profit was mainly due to increase in gross profit and profit margin attributable to increase in revenue from Particleboards Segment as a result of drop in average unit costs of raw materials particularly the residual wood from external suppliers during the current period decrease in selling expenses due to decrease in packaging costs attributable to absence of consumption of additional packaging materials as a result of the packaging method modification trials carried out in Previous Period and the decrease in transportation costs due to decrease in sales volume of particleboards for the Current Period. Besides, there was also decrease in advertising and promotion expenses incurred for the current period as compared to the same period in 2017 and there was the legal and professional fee incurred in relation to the termination of the proposed major and connected transaction in April 2017 which was absent during the current period.