The board of directors of the Rivera (Holdings) Limited announced to shareholders of the company and potential investors that the Group is expected to record a substantial increase of approximately 140% in its consolidated profit after tax attributable to the Shareholders for the six months ended 30th June, 2017 as compared with that of HKD 110 million for the corresponding period in 2016. The expected improvement in the results of the Group for the period under review is mainly attributable to a significant rise in the Group's share of profit of an associate, which should be recognizing a considerable amount of sale proceeds from its residential development project in Fengxian District, Shanghai upon completion and delivery of units sold to buyers, and a slight increase in the gain generated from securities trading and investment of the Group in Hong Kong.