Royal Catering Group Holdings Company Limited provided group earnings guidance for the nine months ended 31 December 2019. The group expects increase in loss attributable to the owners of the Company for the nine months ended 31 December 2019 as compared to the corresponding period in 2018. The Group is expected to record a loss attributable to the owners of the Company within a range of HKD 20.5 million to HKD 23.5 million for the nine-month ended 31 December 2019, as compared to a loss attributable to the owners of the Company of approximately HKD 9.8 million for the same period of 2018. The expected loss was primarily attributable to (i) a significant drop in revenue of the Group to approximately HKD 58.4 million for the nine-month period ended 31 December 2019 from approximately HKD 72.2 million for the nine-month period ended 31 December 2018, representing a decrease of approximately 19.1%, which is mainly due to the closure of four restaurants during and subsequent to the nine-month period ended 31 December 2018 (the Expired Restaurants') and the negative impacts due to recent protests in Hong Kong arising from the anti-extradition bill protests since June 2019 to existing restaurants; (ii) increase in staff costs of the Group to approximately HKD 27.6 million for the nine-month period ended 31 December 2019 from approximately HKD 23.2 million for the nine-month period ended 31 December 2018, representing an increase of approximately 19.0%, which is mainly due to the commencement of certain new restaurants in the urban area of Hong Kong, and the effect was partially offset by the closure of the Expired Restaurants; and (iii) decrease in other income and other revenue to approximately HKD 2.3 million for the nine-month period ended 31 December 2019 from approximately HKD 3.2 million for the nine-month period ended 31 December 2018, representing a decrease of approximately 28.1%, which is mainly due to decrease in dividend income as a result of the redemption of investment funds in May 2019, and the effect was partially offset by the gain on the disposal of the trademarks Taiwan Beef Noodle and `Chinese Kitchen n Hong Kong (excluding the ownership and right to use of such trademarks at the Hong Kong International Airport).