Asia Tele-Net and Technology Corporation Limited provided consolidated earnings guidance for the six months ended June 30, 2017 and for the year ended December 31, 2017. Based on the preliminary review on the draft valuation report, the fair value for the rights entitled under the Supplemental Agreements as of 2 March 2017 is approximately HKD 1,126,931,000 whereas the carrying value of the other asset was approximately HKD 958,215,000 as at 31 December 2016. The Group will therefore record an increase in fair value of the other asset of approximately HKD 168,716,000 for the year 2017. Nevertheless, in view of the continuation of tightening policies by the Shenzhen Municipal Government to support central government's decision to regulate the property markets and the drop in the market prices for the Shenzhen properties in last few months, the Board does not expect any significant increase for the fair value of the other asset for the rest of the year. Given that (i) the Board does not expect any further significant increase in the fair value of the other asset for the rest of the year; (ii) the expected revenue for the year 2017 will be higher than that of 2016 but within the range of 10-20% only and (iii) the Directors are not aware of any other substantial gain which may impact the Group's financial statements for the year 2017, the Group is expected to record a significant decrease in its profit for the year ended 31 December 2017 as compared to the reported profit of approximately HKD 762,371,000 for the year ended 31 December 2016. Although the Group is expected to record a significant decrease in its profit for the year ending 31 December 2017 as compared to the reported profit for the year ended 31 December 2016, the Group is expected to record a significant increase in its profit for the six months ended 30 June 2017 as compared to the reported profit for the six months ended 30 June 2016. Based on the preliminary review on the Company's unaudited consolidated management accounts and in view of the recorded increase in the fair value gain of the other asset, the reported profit for the six months ended 30 June 2017 will probably be over HKD 190 million which will be substantially higher than the reported profit of approximately HKD 5,732,000 for the six months ended 30 June 2016.