Wing Lee Property Investments Limited reported unaudited profit guidance for the six months ended June 30, 2018. The Group expects to record a significant decline in profit for the six months ended 30 June 2018 as compared with that for the corresponding period in 2017. This is mainly attributable to the fact that the net increase in fair values of the Group's investment properties for the six months ended 30 June 2018 is expected to be less than that for the corresponding period in 2017. This reflects the general market conditions of the commercial retail and residential investment property market in Hong Kong for the period under review. The net increase in fair values of the Group's investment properties for the six months ended 30 June 2018 is expected to range from HKD 1 million to HKD 3 million (the net increase in fair values for the six months ended 30 June 2017 was approximately HKD 12 million). Nevertheless, as the net increase in fair values of the Group's investment properties is a non-cash item and the business of the Group is long-term investment and leasing of properties, the Board does not expect any material adverse effect on the operations of the Group. Without taking into account the aforesaid impact of the change in fair values, the Group is expected to make a profit for the six months ended 30 June 2018, which is in line with that for the corresponding period in 2017. However, such profit is not sufficient to make up for the difference between the net increase in fair values of the Group's investment properties for the six months ended 30 June 2018 and that for the corresponding period in 2017.