State Energy Group International Assets Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2017. After preliminary review of the unaudited consolidated financial information of the Group, the board of directors of the company inform the shareholders of the company and the potential investors that the group is expected to record a significant increase in net profit for the six months ended 30 September 2017 by more than 10 times as compared to approximately HKD 2.2 million of the corresponding period in 2016. The Board would like to advise that the increase in net profit is mainly attributable to the recognition of the gain on fair value of two office units of the group, which were reclassified from leasehold land to investment properties during the relevant period. The Properties were previously used as offices of the Group and were recorded at cost less accumulated amortization. During the six months ended 30 September 2017, the Properties were leased out for rental income, therefore the Properties were reclassified as investment properties and were measured at fair value.