The Board of Wang On Group Limited announced that, based on the preliminary review of the draft unaudited consolidated management accounts of the group for the six months ended 30 September 2017, the profit attributable to owners of the parent for the six months ended 30 September 2017 is expected to be increased by over 20% as compared to the corresponding period in 2016. Such increase was primarily attributable to, among other things, a gain on disposal of an indirectly non wholly-owned subsidiary holding a property development project.