CFM Holdings Limited provided preliminary group earnings guidance for the half year ended 31 December 2018. For the half year, based on the preliminary figures, the Group expects to show an improvement and record higher profit after tax for half year of fiscal 2019 as compared to six months period ended 31 December 2017. Based on preliminary analysis, the improvement in financial performance was mainly due to the impact from the disposal of a loss-making indirect subsidiary, PT Hantong Precision Manufacturing Batam in June 2018, lower depreciation expense and decrease in staff costs.