Afarak Group Plc provided earnings guidance for the first quarter of 2019. Afarak leadership team has designed and implemented corrective measures across the business. However, some of the challenges have persisted in first quarter of 2019. The Ferrochrome benchmark for first quarter of 2019 fell to USD 112 c/lb due to weaker demand for stainless steel in China. As a result, the company anticipates that the Group financial performance in first quarter of 2019 will be below market expectations.