Asia Grocery Distribution Limited provided consolidated earnings guidance for the three months ended 30 June 2018. The Group is expected to record a significant decrease of about 80% in profit and total comprehensive income attributable to the owners of the Company for the three months ended 30 June 2018 as compared with the corresponding periods in 2017. Such decrease is mainly attributable to: increase in operating expenses; the competitive market which led to the decrease in sales demand; and increase in cost of inventories sold for the three months ended 30 June 2018.