Fullwealth Construction Holdings Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2019. For the period, the company expected to record a decrease in the net profit before listing expenses for the period by approximately 50% as compared with that of the corresponding period in 2018. Such decrease was primarily attributable to, among other factors, the following reasons: certain projects with lower gross profit margin were undertaken during the six months ended 30 June 2019 as a result of increased competition in the market; significant initial set up costs being incurred at the early stage of certain projects which were undertaken during the six months ended 30 June 2019; and the increase in construction costs. The Group is still in the process of finalising its interim results for the six months ended 30 June 2019. The information contained in this announcement is only a preliminary assessment by the Board based on the latest unaudited consolidated management accounts of the Group for the six months ended 30 June 2019, which have not been audited or reviewed by the auditor or the audit committee of the company and may be subject to adjustments.