Zhejiang United Investment Holdings Group Limited provided group earnings guidance for the year ended April 30, 2018. For the year, the company expects to record loss of approximately HKD 10.8 million as compared to profit of approximately HKD 4.6 million a year ago. Such changes were mainly due to decrease in gross profit margin for the Group's business as a result of a higher subcontracting rate and an increase in the overall construction costs in Hong Kong, coupled with a decrease in revenue as a result of competition faced by the Group in obtaining new businesses and the completion of some government projects; one-off professional expenses of approximately HKD 2.9 million incurred for the year ended 30 April 2018; additional rent and rates of approximately HKD 2.4 million incurred in relation to the new head office of the Company in Hong Kong; and non-recurring gain on disposal of property, plant and equipment and interest income from available-for-sale financial assets of approximately HKD 2.8 million which was recorded during the year ended 30 April 2017 as compared to less than HKD 0.1 million of gain on disposal of property, plant and equipment and no interest income from available-for-sale financial assets for the year ended 30 April 2018.