The board of directors of Sun Hung Kai & Co. Limited announced the shareholders of the Company and potential investors that, based on the current information available to management and a preliminary review and assessment of the latest unaudited consolidated management accounts of the Group for the year ended December 31, 2018, it is expected that the profit attributable to the owners of the Company for the year ended December 31, 2018 will show a decrease from the year ended December 31, 2017 and the Attributable Profit for the second half of 2018 will also show a decrease from the first half of 2018. The estimated decrease in Attributable Profit is mainly attributable to mark-to-market losses in the Company's Principal Investments in the second half of 2018 as a result of significant market volatility during the period.