Winox Holdings Limited informed the shareholders of the Company ("Shareholders") and potential investors that, based on a preliminary review of the management accounts of the Group for the six months ended 30 June 2019 ("Period") and the information currently made available to the Board, the Group is expected to record a decrease of approximately 15% in its consolidated net profit for the Period as compared with that for the corresponding period last year of HKD 62,832,000. Such estimated decrease in profit is mainly attributable to (1) the decrease in gross profit margin due to the change in sales of product mix; and (2) the decrease in reversal of over-provision of income tax.