The board of directors of Wang On Group Limited announced that the unaudited consolidated profit attributable to owners of the parent for the six months ended 30 September 2013 is expected to record a significant increase as compared with that for the six months ended 30 September 2012. This expected significant profit increase is primarily attributable to, among other things, the gain on disposal of certain commercial properties and the decrease in fair value gains on investment properties for the six months ended 30 September 2013 as compared with the corresponding period in 2012.
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