The board of directors of Oriental University City Holdings (H.K.) Limited informed the shareholders of the company and potential investors that, based on preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 30 June 2018 and the information available to the Board, the Group is expected to record a substantial increase of its consolidated net profit for the year ended 30 June 2018 as compared to that for the year ended 30 June 2017. Such increase was mainly attributable to (1) the increase in fair value gain on the investment properties and (2) higher turnover in the company’s campus as a result of the growth of the education facilities leasing business and commercial leasing for supporting facilities business of the Group.