The board of directors of Midland Holdings Ltd. informed the shareholders of the company and potential investors that based on a preliminary review of the unaudited consolidated management accounts of the group and other information currently available, it is expected that the group will record a consolidated net profit attributable to equity holders for the six months ended 30 June 2015 as compared to the consolidated net loss attributable to equity holders of approximately HKD 36 million for the six months ended 30 June 2014, and that the amount of the consolidated net profit attributable to equity holders for the six months ended 30 June 2015 will be in the region of around HKD 20 million to HKD 30 million. The turnaround of the group's results is mainly attributable to the increase in residential sales transactions in Hong Kong in the first half of 2015 as compared to that of 2014.