The board of directors of Plover Bay Technologies Limited informed the shareholders of the company and potential investors that, based on information currently available to the board, the group is expected to record a substantial increase in its consolidated profit for the year ended 31 December 2016 as compared to that for the year ended 31 December 2015, primarily attributable to the increase in revenue derived from the sale of its SD-WAN wired and wireless routers, provision of warranty and support services and the sale of software licences, as well as their corresponding gross profits during the year.