Edvantage Group Holdings Limited provided earnings guidance for the year ended 31 August 2019. For the year, the Group is expected to record a significant increase in its consolidated profit from continuing operations (excluding listing expenses) for the year ended 31 August 2019 as compared with the corresponding period of 2018. The aforesaid expected significant increase in profit is mainly attributable to the following factors: Increase in student number: There has been an increase in the student number of Huashang College Guangdong University of Finance & Economics ("Huashang College"), which is mainly benefitted by the huge demand for business talents in the Greater Bay Area; and Increase in average tuition fees: There has been an increase in average tuition fees as a result of the wide recognition of the Huashang brand and the management's capability in school management of the Group, as well as the widely recognized internationalized school-running characteristics of Huashang College and Guangzhou Huashang Vocational College.