ISP Global Limited provided earnings guidance for the year ended June 30, 2018. The Group is expected to record a decrease in profit for the Period, excluding the non-recurring listing expenses, to approximately SGD 1.0 million for the Period, compared to the profit of SGD 1.6 million for the year ended 30 June 2017. Such expected decrease is mainly attributable to, among other things, the increase in the Group's administrative expenses for the Period as compared to the year ended 30 June 2017 because of i) the incurrence of professional fees for post-listing compliance after the listing of the company shares on GEM and ii) higher staff costs owing to increase in average salary and number of staff.