China Electronics Huada Technology Company Limited provided Group earnings guidance for the six months ended 30 June 2018. For the period, the Group is expecting to record a decline of approximately 50% to 60% in the consolidated profit attributable to owners of the Company for the six months ending 30 June 2018 as compared to the six months ended 30 June 2017. Such expected decline in profit is primarily due to for the six months ended 30 June 2017, the Group had recognised a one-off gain before taxation of HKD 102.5 million arising from the disposal of its navigation chips business. It should be noted that the extent of decline in profit is subject to the actual performance of the Group in the month of June 2018 and may be different from the range disclosed above.