G & M Holdings Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2019. The company expects unaudited consolidated financial statements of the Group for the year ended 31 December 2019, the Group is expected to record a decrease of approximately 30% in net profit for fiscal 2019 as compared to the net profit for the year ended 31 December 2018. Such expected decrease in net profit was mainly attributable to (i) the reduction in revenue recognised in fiscal 2019 as a result of the delay in progress of a few of the Group's on-going projects and (ii) additional construction costs incurred towards the completion stage of certain projects.