Hingtex Holdings Limited provided preliminary unaudited consolidated earnings guidance for the six months ended June 30, 2019. For the period, the Group is expected to report a decrease of over 50% in its net profit for the six months ended 30 June 2019, as compared with its financial results for the six months ended 30 June 2018. Based on the relevant information currently available to the Board, the Board considers such expected decrease in net profit for the first half of 2019 is mainly due to the delay of denim fabric shipments to garment manufacturing customers as requested by the U.S. brand owners, who use denim fabri in their products.