The board of directors of Great Wall Pan Asia Holdings Limited announced that based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2018 and the information currently available, the consolidated profit attributable to the Shareholders together with the basic earnings per share for the year ended 31 December 2018 are expected to increase significantly by more than 100% but not exceeding 150% (an unaudited estimate) as compared to the audited consolidated profit attributable to the Shareholders of approximately HKD 249.2 million and the audited basic earnings per share of approximately 15.89 HK cents for the year ended 31 December 2017. The expected substantial increase in consolidated profit (and the basic earnings per share) is mainly attributable to the increase in fair value gain on the investment properties (including Kwai Fong Plaza, acquisition of which was completed in June 2018) and share of profit of an associate of the Group following the completion of its investment in such associate in February 2018.