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eprint Group Limited — Regulatory Filings 2017
May 5, 2017
50240_rns_2017-05-05_18092b9b-d026-41d3-9785-8a468e26364e.pdf
Regulatory Filings
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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eprint GROUP LIMITED eprint 集團有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 1884)
PROFIT WARNING
This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).
The Board wishes to inform the shareholders and potential investors of the Company that, based on the unaudited management accounts of the Group for the year ended 31 March 2017 and the financial information currently available, it is anticipated that the Group will record a decrease of not less than 30% in net profit for the year ended 31 March 2017 as compared with the year ended 31 March 2016.
Shareholders and potential investors should exercise caution when dealing in the shares of the Company.
This announcement is made by eprint Group Limited (the “ Company ”, together with its subsidiaries, collectively referred to as the “ Group ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).
The Board wishes to inform the shareholders and potential investors of the Company that, based on the unaudited management accounts of the Group for the year ended 31 March 2017 and the financial information currently available, it is anticipated that the Group will record a decrease of not less than 30% in net profit for the year ended 31 March 2017 as compared with the year ended 31 March 2016. The reasons for the decrease were mainly due to (i) the loss arising from the disposal of financial asset; (ii) the loss arising from the disposal of property, plant and equipment; and (iii) the absence of one-time gain on software sales as recorded for the year ended 31 March 2016.
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The Company is in the process of finalizing the consolidated annual results of the Group for the year ended 31 March 2017. The information contained in this announcement is only based on a preliminary review of information currently available, which have not yet been audited or reviewed by the Company’s auditor. Shareholders and potential investors are advised to read carefully the announcement of the annual results of the Group for the year ended 31 March 2017 which is expected to be released in June 2017.
Shareholders and potential investors should exercise caution when dealing in the shares of the Company.
By Order of the Board eprint Group Limited She Siu Kee William Chairman
Hong Kong, 5 May 2017
As at the date of this announcement, the executive Directors are Mr. She Siu Kee William and Mr. Lam Shing Kai; the non-executive Directors are Mr. Leung Wai Ming, Mr. Chong Cheuk Ki and Mr. Deng Xiaen; and the independent non-executive Directors are Mr. Poon Chun Wai, Mr. Fu Chung and Mr. Ma Siu Kit.
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