Hung Fook Tong Group Holdings Limited provided earnings guidance for the six months ended June 30, 2018. The group for the six months ended 30 June 2018 and the information currently available to the group, the group is expected to record a profit attributable to owners of the company of around HKD 4 million for as compared to that of HKD 3 million for the six months ended 30 June 2017. The Board believes that the increase in profit attributable to owners of the Company as compared to 1H2017 is mainly attributable to the increase in sales by around 10% in Hong Kong Retail segment, which is mainly due to: (i) launching of certain popular new products during the period; and (ii) prudent shop expansion strategy coupled with the closing down of underperforming shops which optimized the performance of existing retail shops.