The board of directors of the King Force Group Holdings Limited informed that the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the company for the six months ended 30 September 2017, the Group is expected to record a decrease in revenue of around 20% and gross profit of around 45% in the reporting period, respectively, as compared with the figures recorded in the same period last year. The Board considers such decrease was mainly due to: the general decrease in the number of contracts of manned security guarding services entered into; and the general increase in the guard costs in the market. In addition, the Group is also expected to record a significant loss attributable to the owners of the company for the Reporting Period as compared with a profit of approximately HKD 5,612,000 for the same period last year and the such loss was primarily attributable to: the decrease in the Group's gross profit; the Group's share of loss of its associated company for the Reporting Period, as compared with the Group's share of profit of its associated company recorded during same period last year and the such share of loss was mainly due to decrease in turnover of the associated company; and the increase in administrative expenses, including the increase in the amount of amortisation of intangible assets and depreciation of property, plant and equipment due to business expansion of the Group.