Kowloon Development Company Limited announced profit guidance for the six months ended 30 June 2018. The Group is expected to record a significant increase in profit for the six months ended 30 June 2018 as compared to that for the corresponding period in 2017. Such increase was mainly due to (1) the fair value gain on investment properties of the Group and (2) the income from and the fair value gain on the interests in property development in Macau held by Polytec Asset Holdings Limited.