The board of directors of the Automated Systems Holdings Limited announced the shareholders of the company and potential investors, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31st December 2017 and the information currently available to the Company, even though there were one-off professional fees for the amount of approximately $9.0 million and finance costs for the amount of approximately $16.9 million incurred for the Acquisition during the year ended 31st December 2017, the Group is expected to record the increase of more than 20%, 100% and 55% in revenue, gross profit and net profit, respectively, for the year ended 31st December 2017 as compared with those for the corresponding period last year. The Board believes that, the expected increases in the revenue, gross profit and net profit of the Group are mainly attributable to the revenue, gross profit and net profit of Grid Dynamics for the period from 7th April 2017 to 31st December 2017 consolidated into the consolidated financial statements of the Group for the year ended 31st December 2017.