The board of directors of the AMCO United Holding Limited announced that, based on the information currently available, it is expected that the group will record a net profit of approximately HKD 3 million for the six months ended 30 June 2018, as compared to a net loss of approximately HKD 154.2 million for the corresponding period of 2017. The Board considers that the turnaround of the Group's results is primarily attributable to increase in turnover and gross profit recorded for the six months ended 30 June 2018; unrealized fair value gain of held-for-trading investments in listed securities of approximately HKD 4.9 million recorded for the current period; absence of realized fair value loss of approximately HKD 59.1 million and unrealized fair value loss of approximately HKD 87.2 million of the held-for-trading investments recorded for the corresponding period of 2017; and decrease in administrative expenses mainly due to absence of share-based payment expenses of approximately HKD 7.0 million incurred for the corresponding period of 2017.