The board of directors of Logan Property Holdings Company Limited announced that, based on the preliminary assessment of the unaudited management accounts of the Group for the year ended 31 December 2018 and the information currently available to the Board, the Group is expected to record an increase of not less than 45% in the core profit of the Company for the Relevant Year, as compared to that for the previous year. The increase in core profit for the Relevant Year was mainly due to the growth in revenue of the Group.