CFM Holdings Limited provided group earnings guidance for the half year ended December 31, 2019. The Board of Directors of company issued a profit guidance for the Group's half year financial results for period ended 31 December 2019 (half year 2020). Based on the preliminary figures, the Group expects to record a lower profit after tax for half year 2020 as compared to 6 months period ended 31 December 2018. Based on preliminary analysis, the decline in the financial performance was mainly due to lower sales (a) end of life cycle of older components, parts and competition (b) china sales decreased due to restraint of export to other countries.