CMON Limited provided earnings guidance for the six months ended June 30, 2017. The board of directors of the company announced that based on a preliminary review and assessment of the information currently available to the board, including the unaudited consolidated management accounts of the group for the six months ended 30 June 2017, the group is expected to record a net profit for the six months ended 30 June 2017 as compared to a net loss for the corresponding period in 2016. The aforesaid turnaround from net loss to net profit was mainly attributable to (i) the increase in revenue for the six months ended 30 June 2017 due to shipping of a Kickstarter project; (ii) the increase in gross profit margin due to increased sales of a Kickstarter project with relatively higher gross profit margins than wholesale sales; and (iii) no professional service fees in respect of its listing on GEM was incurred for the six months ended 30 June 2017.