The board of directors of Grand Talents Group Holdings Limited informed the shareholders of the company and potential investors that based on the information currently available to the Board, the company and its subsidiaries (the Group) is expected to record a significant decrease in its net profit after tax for the three months ended 30 June 2019 as compared to that for the three months ended 30 June 2018. Such decrease is mainly attributable to increase in payroll, material costs and administration expenses.