The board of directors of Master Glory Group Limited announced that based on the preliminary review of the unaudited management accounts by the management of the Group, the Group is expected to record a turn from profit into loss for the year ended 31 March 2018 as compared to the corresponding year ended 31 March 2017. It is expected that the Group would record a turn from profit of approximately HKD 1,222.2 million in the Corresponding Year to a consolidated loss of not less than HKD 490 million in the Relevant Year.