Highlight China IoT International Limited announced that, based on the preliminary assessment by the group's management and the unaudited consolidated management accounts of the Group for the year ended March 31, 2015, the board of directors of the company announced that the Group's profit attributable to owners of the company for the year ended March 31, 2015 is presently anticipated to decrease significantly as compared to that for the year ended March 31, 2014. Such decrease in profit for the year ended March 31, 2015 was mainly attributable to the incorporation of performance of discontinued operation only up to July 22, 2014 after a very substantial disposal of the Group; and the one-off expenses of professional fees of approximately HKD 8.4 million and capital gains tax of HKD 1.2 million relating to the very substantial disposal.