Grand Ming Group Holdings Limited, together with its subsidiaries, has reported that the Group expects to record a decrease of approximately 50% in the unaudited net profit for the six months ended 30 September 2016 (the Period) as compared with the same period of last year. The expected decrease in net profit for the Period is primarily because the increase in fair value arising from the revaluation of the Group's investment properties relating to the high-tier data centres is not as significant as that in the corresponding period last year. The Board announce to point out that the revaluation gain of the Group's investment properties are non-cash items and will not have a direct impact on the cash flow of the Group.