OneForce Holdings Limited provided earnings guidance for the year ended 31 March 2019. For the year, the company group's gross profit is expected to record a moderate decrease as compared with that for the previous year (2018 Year: approximately RMB 40 million). In addition, the group's other income for the 2019 Year is expected to drop slightly as compared with that for the previous year and a non-recurring acquisition related cost was incurred during the 2019 Year. As such, the group expects to record a corresponding decrease in net profit. The Board is of the view that the Group's underlying business operations remain stable and healthy, and is expected to record a stable increase in revenue for the 2019 Year as compared with that for the previous year. Whereas, the decrease in gross and net profit is mainly attributable to the following: (i) increase in cost of sales as driven by higher staff outsourcing costs and equipment procurement costs. During the 2019 Year, the Group's staff focuses more on technological innovation, research and development and activities with higher value-added to the Group while the Group engaged an increasing number of staff for its routine operations through outsourcing. The Board is of the view that the outsourcing model will bring more flexibility in strategic planning and business operation, and better serve the group's long-term interests, in particular, under current economic sentiment. Meanwhile, in connection with the development of the Group's sale of hardware business, related equipment procurement costs also correspondingly increased; (ii) decrease in other income, which was mainly due to fewer number of projects completed during the 2019 Year which were eligible for refund of value-added-tax; and (iii) costs (non-recurring) incurred in relation to the acquisition of Great Progress International Limited during the 2019 Year (please refer to (i) the circular of the company dated 15 January 2019; and (ii) the announcements of the company dated 29 November 2018 and 28 February 2019 in relation to, among others, such acquisition.).