Theme International Holdings Limited provided group earnings guidance for the Year Ended December 31, 2018. The Group expected to record a significant increase in net profit for the Relevant Year attributable to owners of the Company by not less than approximately HKD 29 million, which represented an increase of not less than 135% as compared to the year ended 31 December 2017 (net profit for the Corresponding Year attributable to owners of the Company: approximately HKD 21.35 million). The increase in net profit was primarily attributable to the rise in gross profits from the Group's distribution and trading segment in the Relevant Year as: the Group was able to source iron ores from several new suppliers since the second half of 2017, which allows the Group to source iron ores at competitive prices; and the opening of the Group's Shanghai trading desk in the People's Republic of China, with a closer location to customers and which enables the Group to sell iron ores at smaller lots with a higher premium.