Pak Fah Yeow International Limited provided consolidated earnings guidance for the year ended 31 December 2018. For the period, group expected to record a decrease of approximately 55.0% to 60.0% in the consolidated net profit attributable to the owners of the company for the year ended 31 December 2018 as compared to the published consolidated net profit attributable to the owners of the company of HKD 102.6 million for the same corresponding period in 2017. The Board considers that the expected decrease was mainly attributable to: a significant decrease in the sales revenue of Hoe Hin products for the year ended 31 December 2018 of not less than 20% as compared to the sales revenue of Hoe Hin products of HKD 167.8 million of the corresponding period in 2017; and a decrease in the unrealized fair value gain on the Group's investment properties of approximately 67% as compared to the unrealized fair value gain of HKD 35.4 million of the corresponding period in 2017.