The board of directors of Worldgate Global Logistics Ltd. informed the shareholders of the company and potential investors that, based on the Group's draft unaudited consolidated management accounts for the three months ended 31 March 2018, the Group is expected to record a significant increase in loss for the Year 2018 as compared to a loss for three months ended 31 March 2017. The increase in loss for the year 2018 was mainly attributable to a significant decrease in revenue generated from a major customer, namely Customer I as stated in the Annual Report of the company for the year ended 31 December 2017, which has decreased by approximately MYR 7.3 million during Year 2018. As a result, the revenue for the Year 2018 decreased by approximately 20.7% as compared to that of the Year 2017 and the gross profit margin decreased from approximately 15.7% for the Year 2017 to approximately 11.6% for the Year 2018.