The board of directors of Evergreen Products Group Limited announced the shareholders of the company and potential investors that, based on a preliminary review of the consolidated management accounts of the company and its subsidiaries and the information currently available to the Board, it is expected that the Group will record a significant increase in the consolidated net profit for the year ended 31 December 2017 as compared to the consolidated net profit of approximately HKD 33 million for the year ended 31 December 2016. The expected significant increase in the consolidated net profit for the year ended 31 December 2017 was mainly attributable to the expected change in fair value of preferred shares from loss for the year ended 31 December 2016 to gain for the year ended 31 December 2017.