The board of directors of the KFM Kingdom Holdings Limited announced that the shareholders of the company and potential investors that, based on the company's preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 March 2018 and the information currently available to the company, it is expected that the Group will record a profit for the year ended 31 March 2018 as opposed to the loss recorded for the year ended 31 March 2017. The turnaround from loss to profit was mainly attributable to: the increase in total revenue, especially the increase in revenue derived from metal lathing segment; and the improvement in overall gross profit margin. The increase in net profit for the year ended 31 March 2018 was mainly contributed by the increase in net profit during the interim period.