Kingboard Laminates Holdings Limited ("KBL", together with its subsidiaries, the "KBL Group") provided group earnings guidance for the six months ended 30 June 2019. The board of directors of KBL (the "KBL Board") informed shareholders and potential investors of KBL that, based on the preliminary review of the unaudited management accounts of the KBL Group for the six months ended 30 June 2019 and the information currently available to the KBL Board, the KBL Group is expecting to record a decrease in the reported net profit and underlying net profit from 30% to 40% for the six months ended 30 June 2019 as compared with the corresponding period in 2018. The expected decrease in the reported net profit and the underlying net profit of the KBL Group is mainly attributable to the fact that the market was in short supply in the same period of last year, and the unit selling prices of products were higher. However, the gap between supply and demand in the first half of this year has narrowed, and the unit selling prices of certain products fell.