The board of directors of Prosperous Industrial (Holdings) Limited informed the shareholders of the company and potential investors of the company that, based on the information currently available to the company and the board's preliminary review of the unaudited consolidated management accounts of the group, it is expected to record approximately 60% decrease in the profit attributable to shareholders for the six months ended 30 June 2018 as compared to the corresponding period last year. The profit decrease was mainly attributable to the decrease in purchase orders from a number of major customers; the increase in operating costs of the Group's production facilities in China due to the appreciation of RMB against USD; the addition of operating costs in relation to the plant one of the Group's Cambodia Production Base which has been put into operation in February 2018; and non-recurring listing expenses incurred during the period.