PAX Global Technology Limited provided consolidated earnings guidance for the year ending December 31, 2018. For the year, the company expects to record an increase of not less than 50% in net profit for the financial year ending 31 December 2018 as compared to the financial year ended 31 December 2017. The Board considers that the expected increase in net profit is primarily attributable to the absence of a one-off impairment of assets recognised in the financial year ended 31 December 2017; and the increase in revenue generated from overseas markets.