The board of directors of Astrum Financial Holdings Limited informed the shareholders of the company and potential investors that the group is expected to record profit and total comprehensive income of approximately HKD 16.0 million for the three months ended 31 March 2017 as compared to profit and total comprehensive income of approximately HKD 2.5 million for the three months ended 31 March 2016. The expected significant increase in profit and total comprehensive income for the Current Period is principally triggered by the significant increase in revenue derived from placing and underwriting services as the Group completed 10 placing and underwriting engagements during the current period.