Poly Property Group Co., Limited provided earnings guidance for the year ended December 31, 2019. For the year, the company will record an increase in net profit of not less than 60% for the year ended 31 December 2019, as compared to HKD 2,241,590,000 for the corresponding period in 2018. The expected increase in net profit attributable to shareholders of the Company is primarily attributable to the recognition of profit of a development project in Hong Kong, as first disclosed in the Company's positive profit alert announcement dated 5 June 2019.