Redco Properties Group Limited provided earnings guidance for the six months ended June 30, 2015. The board of directors of the company announced that as a result of the revenue recognition arising from the group's primary land development activities (i.e. seas reclamation works) in China and based on the preliminary review of the consolidated management accounts of the group for the six months ended 30 June 2015, it is expected that the consolidated net profit of the group for the six months ended 30 June 2015 will experience a significant increase as compared with the consolidated net profit of the company for the corresponding period in 2014.