Microware Group Limited provided earnings guidance for the year ended March 31, 2018. For the year, the group is expected to record a decrease in net profit of approximately HKD 9 million or approximately 24% for the year ended 31 March 2018 as compared to the year ended 31 March 2017, after excluding the listing expenses of approximately HKD 19 million recognized during the year ended 31 March 2017. The Board considers that the expected decrease in net profit during the year ended 31 March 2018 was primarily attributable to, among other matters: the decrease in revenue generated from the information technology infrastructure solutions services of the Group contributed by the transportation sector and the banking and finance sector; and the administrative fee incurred during the year ended 31 March 2018 to maintain the listing status of the Company.