The board of directors of Pak Wing Group (Holdings) Limited informed the shareholders of the company and potential investors, based on information currently available to the Board and a preliminary review of the latest unaudited consolidated management accounts of the group for the year ended 31 March 2017, despite the fact that there was an increase in the group's revenue for the year ended 31 March 2017, the group is expected to record an increase in net loss as compared to the net loss of approximately HKD 15.8 million recorded for the corresponding period in 2016 (exclusive of the impact of one-off listing expenses of approximately HKD 6.4 million).