Automated Systems Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2018. The board of directors of the company inform the shareholders and potential investors, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31st December 2018 and the information currently available to the company, the Group is expected to record increases of 20%, 40% and 60% in the revenue, gross profit and net profit, respectively, for the year ended 31st December 2018 as compared to last year. The Board believes that, the expected significant increases in the revenue, gross profit and net profit of the Group are mainly attributable to: the regular business in Europe and the United States, since the annual results of a subsidiary of the Company, Grid Dynamics International Inc., were consolidated into the consolidated financial statements of the Group for the year ended 31st December 2018, while merely the results of Grid Dynamics for the period from 7th April 2017 to 31st December 2017 were consolidated into the consolidated financial statements of the Group for last year; as well as the business growth, the revenue of Grid Dynamics recorded an increase of more than 70% and a significant increase in gross profit, as compared to last year; the revenue of the Group's regular business in Hong Kong, Macau and Asia Pacific recorded an increase of more than 7% and an improvement in gross profit margin, as compared to last year; and as a whole, the service revenue recorded an increase of more than 28% as compared to last year by restructuring the focused three major information technology services.