Landsea Green Group Co., Ltd. provided preliminary group earnings guidance for the six months ended 30 June 2018. For the period, the Group is expected to record an increase of above 150% in the net profit of the Group for the six months ended 30 June 2018 as compared to the corresponding period last year. Among which, the core profit (i.e., the net profit after tax after deducting the exchange gains and losses and the change in the fair value of investment properties) will increase by above 35% as compared with the same period last year. The increase was primarily attributable to (i) the increase in properties sales; (ii) the increase in revenue from property development and management services; and (iii) the unrealized exchange gain.