Gemdale Properties and Investment Corporation Limited provided consolidated earnings guidance for the six months ended June 30, 2019. For the period, based on the preliminary review of the consolidated management accounts of the Group for the six months ended 30 June 2019 (the "Period") and the currently available information, it is expected that as compared with the profit attributable to owners of the Company shown in interim report for the same period last year, the profit attributable to owners of the Company during the Period will increase by not less than 70%. Such an increase in profit is primarily attributable to the significant increase of the area delivered in the sales of the properties as well as the increase in profits contribution from joint ventures during the Period as compared with same period last year.