The Board of iOne Holdings Limited announced that, based on the preliminary review of the Group's unaudited consolidated management accounts for the year ended 31 December 2016, the Group expects to record a decrease of approximately HKD 11 million in the amount of profit attributable to owners of the Company for the year ended 31 December 2016 as compared to that for the year ended 31 December 2015. Such expected decrease was mainly attributable to the material decrease in sales and gross profit from the printing business for the year ended 31 December 2016 which is due to a drop in total IPO cases and fierce market competition.