Coslight Technology International Group Limited provided unaudited earnings guidance for the six months ended June 30, 2018. For the period, the Board expects significant increase in the unaudited profit attributable to owners of the company as compared with that of the same period in 2017 was primarily attributable to the reasons: One-off gain arising from disposal of the Group's part of interest in Zhuhai Coslight Battery Company Limited during 2018; recognition of the gain on fair value of Group's remaining interest in Zhuhai Coslight Battery Company Limited. After part of interest has been disposed, the remaining interest will be reclassified as financial asset measured at fair value; If the two aforementioned factors were not taken into account, the group would record an unaudited loss attributable to owners of the company for the six months ended 30 June 2018. The reduction was mainly due to intense market competition resulting in drop in gross profit margin as well as increase in recurring expenses for the corresponding period.