Jiande International Holdings Limited board of directors of the company announced that based on preliminary assessment by the management of the Company on the unaudited consolidated management accounts of the Company for the six months ended 30 June 2018 and the information currently available, the Group is expected to record a profit attributable to owners of the Company as opposed to a loss for the six months ended 30 June 2017. Such turnaround from loss to profit was mainly due to the increase in revenue and gross profit from the Group's property development business and the increase in fair value change of investment properties.