Grand Talents Group Holdings Limited provided earnings guidance for the nine months ended 31 December 2019. For the period, the group is expected to record a net loss after tax for the nine months ended 31 December 2019 as compared to a net profit after tax for the nine months ended 31 December 2018. Such loss is mainly attributable to (i) decrease in revenue; (ii) decrease in gross profit of the Group s business as a result of increase in contra cost and payroll; and (iii) increase in administrative expenses mainly arising from increases in depreciation expenses and legal and professional fees.