The Board of Directors of Jiahua Stores Holdings Limited provided unaudited consolidated net profit guidance for the six months ended 30 June 2019. The Group is likely to record a lower unaudited consolidated net profit for the six months ended 30 June 2019 due to the adoption of new Hong Kong Financial Reporting Standard 16 - Leases, which resulted in higher depreciation charge on right-of-use assets and interest expenses on lease liabilities. The operation results for the six months ended 30 June 2019 is expected to be similar to that of the same period in last year. Despite the lower unaudited consolidated net profit for the six months ended 30 June 2019, the Board considers that the Group's overall financial position is still healthy and the Board remains positive on the long term prospect of the Group.