Cosmos Machinery Enterprises Limited provided group earnings guidance for the year ended December 31, 2018. The Group is expected to record a significant increase in unaudited consolidated profit for the year ended 31 December 2018 as compared to that of the year ended 31 December 2017. This increase was mainly attributable to the following reasons: improvement in operating results of the plastic products and processing business, especially the Group's manufacturing operation located in Zhuhai, the People's Republic of China, reported a turnaround with operating profit for the year ended 31 December 2018 compared to the same period last year; improvement in operating profit of the printed circuit board processing and trading business resulted from the enhancement of gross profit margin for the year ended 31 December 2018 compared to that of last year; and a non-recurring gain on the disposal of entire issued share capital of MS Plasticorp, an indirect wholly-owned subsidiary of the Company prior to the completion of the disposal and incorporated in Cook Islands with limited liability, of approximately HKD 44,500,000, after deducting related statutory cost and expenses.