The board of directors of the Ju Teng International Holdings Limited shareholders announced that it is expecting that the Group will record a significant improvement in the financial results of the Group for the six months ending 30 June 2019 as compared to a loss attributable to the equity holders of the company of approximately HKD 154 million for the corresponding period in 2018. Such expected improvement in financial results is mainly attributable to the following factors: the increase in sales of metal casing products, which have a higher unit price than plastic casing products, which leads to an increase in the revenue of the Group; and the depreciation of Renminbi, which causes decrease in the production costs of the Group as most of the revenue of the Group is denominated in United States dollars while most of the Group's production cost are denominated in Renminbi, enabling the Group to achieve higher gross profit margin.