Revenue of FY2018 increased by 16% y.o.y. On a constant currency basis, revenue and
profit attributable to equity shareholders increased by 18%, which is in line with our
expectations. Profit attributable to shareholders for the year increased by 20% y.o.y.
which is lower than our expectation as the operation expenses are higher than we
expected, and RMB depreciation. The company `s revenue of 2H increased by 9.2%
y.o.y. which is significantly slower than 1H i.e. 22%. GPM remained at 53%. The profit
attributable to equity shareholders fell by 5.7% y.o.y. It increased by 30.4% y.o.y. in 1H