The board of directors of Clear Lift Holdings Limited informed the shareholders of the company and potential investors of the company that, based on the information currently available and a preliminary review of the latest unaudited consolidated management accounts of the Group for the 11 months ended 29 February 2016, the Group is expected to record a net loss for the year ending 31 March 2016 as compared to a net profit of approximately HKD 24.4 million attributable to Shareholders for the year ended 31 March 2015.