ZMFY Automobile Glass Services Limited board of directors announced that, based on a preliminary review of the Group's unaudited consolidated management accounts for the year ended 31 December 2017, the Group is expected to record profit attributable to owners of the Company for the year ended 31 December 2017 as compared to the loss attributable to owners of the Company in the corresponding period of 2016. Based on the relevant information currently available, the Board considers that the profit derived during the year was mainly attributable to profit earned by CAS Valley Company Inc. which is newly acquired by the Company on 18 September 2017 and whose financial results have been consolidated in the accounts of the Group.