The board of directors of Great Harvest Maeta Group Holdings Limited announced to the shareholders of the company and potential investors that based on the Board's preliminary review of the unaudited consolidated management accounts of the Group and other information currently available, the loss attributable to shareholders of the company for the year ended 31 March 2018 is expected to significantly decrease by over 80% as compared to the loss attributable to shareholders of the company for the corresponding period in 2017. The significant decrease in loss was mainly attributable to: due to the continuous improvement of dry bulk marine transportation industry, the freight rate picked up significantly. The Group also benefited from the increase in the revenue for the year ended 31 March 2018, recording a gross profit for the year ended 31 March 2018 as compared with a gross loss for the corresponding period in 2017; and recovering from the depressed market of dry bulk marine transportation industry over the past few years, the overall second-hand vessel price rebounded in 2018. Therefore, the Group did not make any impairment loss in respect of its vessels for the year ended 31 March 2018.