Wah Ha Realty Company Limited board of directors announced that based on the preliminary assessment of the information currently available to the company, the profit attributable to equity holders of the Company for the six months ended 30 September 2016 is expected to decline by around 60% as compared to HKD 62,604,107 for the corresponding period in 2015. Such decline was primarily due to (i) a significant decrease in the aggregate fair value gains arising from revaluations of the investment properties of the Group and its associated companies and (ii) the substantial decline in sales of properties for the Period.