Four Seas Mercantile Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2017. For the period, the group is expected to record a substantial increase in profit attributable to equity holders of the company as compared with the corresponding period a year ago. The unaudited consolidated profit attributable to equity holders of the company is expected to be approximately 9 to 10 times of that of the same period last year. Such increase was primarily attributable to the completion of the disposal of a property located at Sai Kung, the New Territories which resulted in a total gain on disposal before tax of approximately HKD 320 million, net of directly attributable transaction costs. As the property disposal was under a sale and leaseback arrangement, approximately HKD 18 million out of the total gain before tax of the property disposal was deferred and amortised over the leaseback period, resulting in a net gain before tax of the property disposal of approximately HKD 302 million and the recognition of amortisation of deferred gain of approximately HKD 6.6 million for the six months ended September 30, 2017.