The board of directors of MS Group Holdings Limited informed the shareholders of the company and potential investors that, based on the preliminary review and analysis of the latest available unaudited management accounts of the Group for the year ended 31 December 2018, despite the Group is expected to record a slight annual increase in total revenue for the year ended 31 December 2018, (i) the revenue from the OEM business is expected to record an annual decline and the revenue recorded from a major customer of the OEM business is expected to be significantly less than that anticipated by the Group for the year ended 31 December 2018; and (ii) the Group is expected to report a net loss after tax of approximately HKD 3 million after including listing expenses of approximately HKD 9 million for the year ended 31 December 2018. If the listing expenses were excluded, the Group would record an unaudited net profit after tax of approximately HKD 6 million for the year ended 31 December 2018, as compared with the net profit after tax (excluding listing expenses) of approximately HKD 24 million for the year ended 31 December 2017.