The board of directors of EGL Holdings Company Limited (the "Board") informed the shareholders of the company (the "Shareholders") and potential investors that the Group expects to record a significant decrease in profit attributable to owners of the Company for the six months ended 30 June 2019 as compared to that of the corresponding period in 2018. The increase in operating expenses of the Group's hotel business, which mainly arises from the increase in depreciation of property, plant and equipment following the completion of the construction work of the Group's hot spring bath building in March 2019, is the main drag of the operating results of the Group for the six months ended 30 June 2019. In light of the changes in economic and market conditions, the Company will spare more efforts to capitalise on business synergies and market opportunities for long-term sustainable growth to enhance its competitiveness and strengthen its market position.