The Board of Directors of Global Palm Resources Holdings Limited announced that, following a preliminary review of the unaudited financial statements for the quarter ended 30 September 2018, the Group is expected to report a substantially lower net profit, or maybe a loss, after tax, as compared to the preceding quarter ended 30 September 2017. The lower net profit/(loss) after tax is primarily attributable to the decrease in the sales volume and average selling price of crude palm oil and decrease in average selling price of palm kernel.