The board of directors of Yunbo Digital Synergy Group Limited informed the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the company and its subsidiaries, it is expected that the interim results of the Group for the six months ended 30 September 2016 (2016 interim results) will record a loss before income tax of not less than HKD 12,000,000 as compared to a profit before income tax of approximately HKD 4,836,000 for the corresponding period in 2015, mainly attributable to a decrease in revenue and gross profit due to the market being overcrowded with an overwhelming number of Ethernet-Passive Optical Network equipment and Gigabit-Passive Optical Network equipment suppliers which had greatly increased the level of competition.