MS Group Holdings Limited provided earnings guidance for the six months ended June 30, 2018. For the six months, the group is expected to report a loss of approximately HKD 5.7 million after including listing expenses of approximately HKD 8.8 million for the six months ended 30 June 2018. However, if the listing expenses were excluded, the group would record an unaudited net profit after tax of approximately HKD 3 million for this period, as compared with the unaudited net profit after tax (excluding listing expenses) of approximately HKD 12.8 million for the six months ended 30 June 2017. The decrease in profit is principally attributable to the following factors i.e. the decrease in the overall gross profit margin primarily due to the increase in operating costs of the Group in the People's Republic of China resulting from the appreciation of Renminbi against Hong Kong dollars over the period; the increase in the unit procurement costs of raw materials, including plastic resin and packaging materials; and the decrease in revenue from the OEM business by 13% for the six months ended 30 June 2018 when compared with the same period in 2017; and the significant increase in selling distribution and promotion expenses for developing and promoting the Yo Yo Monkey brand of the Group, being a growing business segment of the Group in the PRC.