The board of directors of Wing Lee Property Investments Limited informed the shareholders and potential investors of the company that, based on a preliminary assessment of the unaudited management accounts of the Group for the year ended 31 December 2018 and a draft valuation report for the Group's investment property portfolio as at 31 December 2018 prepared by the Group's external valuer, the Group expects to record a significant decline in profit for the year ended 31 December 2018 as compared with that for 2017.