Tongda Hong Tai Holdings Limited provided earnings guidance for the six months ended June 30, 2019. For the period, the company expects to record a net loss attributable to Shareholders for the period as compared with a net profit attributable to Shareholders for the six months ended 30 June 2018. The Board considers that the change is primarily attributable to the decline in the Group's overall gross profit margin due to increasingly fierce market competition; and net exchange losses that are expected to be recorded by the Group during the Period, where net exchange gains of approximately HKD 6,599,000 were recorded in the same period last year.