The board of directors of CMON Limited announced based on a preliminary review including the unaudited consolidated management accounts of the Group for the year ended 31 December 2017, the Group is expected to record a significant increase in the profit attributable to equity holders of the company for the year ended 31 December 2017 as compared with that for the year ended 31 December 2016. However, if the professional service fees in respect of the preparation of listing of the Company on GEM were excluded from the Group's audited financial results for the year ended 31 December 2016, it is expected that the profit attributable to equity holders of the company for the year ended 31 December 2017 would be lower than that for the year ended 31 December 2016. Despite an expected increase in revenue mainly due to the shipment of Kickstarter projects during the year ended 31 December 2017, the Group at the same time incurred increased expenses including but not limited to increased employee benefit expenses as a result of the Listing and business expansion, increased merchant account fees resulting from the launching of Kickstarter projects during the year ended 31 December 2017 as well as increased depreciation resulting from addition of property, plant and equipment.