Maxnerva Technology Services Limited announced consolidated profit guidance for 2018. For the year, the company expects consolidated net profit attributable to the I.T. integration and solutions services business segment in the range of approximately RMB 33,000,000 to RMB 38,000,000, when compared to the audited consolidated net profit from continuing operation of approximately RMB 91,580,000 for the twelve months ended 31 March 2017. The Board considered that the expected decrease in the consolidated net profit attributable to the I.T. integration and solutions services business segment is mainly due to factors including, but not limited to, (i) the increase in the proportion of smart office and smart home solutions undertaken by the Group during the period which in general yield lower profit margins due to fiercer market competitions; (ii) the increase in the operating expenses including staff costs, rental expenses and marketing expenses as a result of the expansion of operation; and (iii) the change in the financial year end date and there are only nine-month operation in this reporting period versus twelve-month operation for the previous financial year.