The board of directors of International Elite Ltd. informed the shareholders of the Company and potential investors that based on the preliminary assessment of the Group's unaudited consolidated management accounts for the year ended 31 December 2018 and information currently available to the Board, it is expected that the Group will record a significant increase in profit attributable to equity holders of the Company for the year ended 31 December 2018 as compared to a loss attributable to equity holders of the Company for the year ended 31 December 2017.