Infinity Development Holdings Company Limited board of directors announced that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 31 March 2018 and the information currently available to the Board, it is expected to record a decrease in profit attributable to the owners of the company for the six months ended 31 March 2018 by at least 50% as compared to that of the corresponding period in last year. The Board considers that such decrease in profit of the Group for the six months ended 31 March 2018 was mainly attributable to the continuous increase in the direct material costs which trims down the company gross profit margin.