Mengke Holdings Limited announced that based on the preliminary review of the unaudited consolidated management account for the year ended 31 December 2018, the Group is expected to record a net loss for the year ended 31 December 2018 as compared to a net profit for the year ended 31 December 2017. The Board considers that the net loss was primarily attributable to a decrease in revenue and gross profit of the Group for the year ended 31 December 2018 by approximately 10% and 30%, respectively, as compared with that for the corresponding period of 2017 mainly due to a lower market demand for both transfer metallised paper and laminated metallised paper as well as a decrease in profit margin, which are attributed to the slow down of the global macroeconomy.