Z-Obee Holdings Limited provided earnings guidance for the year ended March 31, 2018. For the period, the company expects to record a significant decrease in the consolidated net profit as compared to that for the year ended March 31, 2017 or even record a loss for the year ended March 31, 2018. The Board believes that the expected significant decrease in the consolidated net profit for the year ended March 31, 2018 as compared to that for the year ended March 31, 2017 or even record a loss for the year ended March 31, 2018 which affected the Group's financial performance, was mainly due to the following reasons: The scheme cash consideration of HKD 147.0 million for the usage against the Petitioner's costs, the Provisional Liquidators' costs and the Scheme Costs, the claims of preferential creditors and secured creditors (if any) of the Company, the funding of a claims reserves; and thereafter, the claims of the Scheme Creditors, had been fully paid to the Provisional Liquidator and had been recognized as restructuring costs for the year ended 31 March 2018 and due to the loss of some books and records which induces a disclaimer opinion in the independent auditor's report for the year ended March 31, 2017 of the Group, the Board is considering to clear those incomplete books and records, mainly mentioned from 15 Excluded Companies as defined in Circular against the restructuring costs for the year ended March 31, 2018. However, the Board believes that these restructuring costs are a non-cash expense and have no impact on the liquidity, business, production and operation of the Group. Despite the fact that the expected significant decrease in the consolidated net profit for the year ended March 31, 2018 as compared to that for the year ended March 31, 2017 or even record a loss for the year ended March 31, 2018, the Board considers that the Group's overall financial position is still stable and the Board remains positive on the long-term prospect of the Group.