The board of directors of HKE Holdings Limited based on the preliminary review of the unaudited consolidated management accounts of the Group for the four months ended 31 October 2018 and the management's estimate, it is anticipated that the unaudited consolidated profit attributable to the Shareholders for the six months ending 31 December 2018 is expected to decrease by approximately 41% as compared to that for the corresponding period ended 31 December 2017. Based on the information currently available, the expected decrease in the unaudited consolidated profit attributable to the Shareholders would be mainly attributable to the following factors: decrease in revenue by approximately 35%, increase in payroll expenses due to additional headcount, and incurrence of expenses in the form of additional professional fees as a result of being a listed company.