In Technical Productions Holdings Limited provided earnings guidance for the first quarter ended August 31, 2018. Based on the information currently available to the Board and a preliminary assessment by the management of the Company with reference to the unaudited consolidated management accounts of the Group for the three months ended 31 August 2018, it is expected that the Group will record an increase in revenue for the Period by approximately 60% to 70% as compared to that for the same period in 2017; and the profit for the Period will substantially increase by over approximately 210% to 220% as compared to that for the same period in 2017. The increase in revenue for the Period was mainly due to the increase in the numbers of the pop concerts and other live events, especially in Hong Kong and Macau, undertaken by the Group and the increase in average revenue per show of pop concerts, especially in the People's Republic of China, undertaken by the Group as compared to the same period in 2017. The increase in profit for the Period was primarily attributable to the increase in gross profit margin as a result of the increase in revenue and the improvement in the visual display equipment utilization; the decrease in bank borrowing interest which was in line with the decrease in average bank borrowings during the Period and the decrease in imputed interest on payable for equipment as such related payables have been fully settled in the financial year ended 31 May 2018.