The board of directors of Paradise Entertainment Limited announced that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2018 and the information currently available to the Board, the Group is expected to record a profit for the Relevant Period, as compared to a loss of approximately HKD 35 million for six month ended 30 June 2017. The turnaround from loss for the Preceding Period to profit for the Relevant Period was mainly due to the following factors: an increase of approximately 10% in the Group's revenue from provision of casino management services as a result of an increase of approximately 10% in total gross gaming revenue from the casinos under the Group's management; and an increase of approximately 160% in the Group's revenue from sale of electronic gaming equipment and systems.