Polytec Asset Holdings Limited provided earnings guidance for the year ended December 31, 2017. For the year, the Group is expected to record a significant increase in profit for the year ended 31 December 2017 as compared to that of the corresponding period in 2016. Such increase was mainly due to the income received from the Group's interest in properties development in respect of the La Marina development project (located at Lotes T+T1) in Macau, after deducting an impairment loss made for the oil production and exploitation assets in the Group's South Alibek Oilfield in Kazakhstan and a reversal of deferred tax assets which was mainly due to the decrease in oil reserves.