Lai Group Holding Company Limited provided unaudited consolidated financial guidance for the three months ended 30 June 2019. The Group expected to record a net loss as compared with a net profit for the three months ended 30 June 2018. The Board considers that the net loss was primarily attributable to (i) the increase in direct costs mainly due to the rising costs of materials and subcontracting charges; and (ii) the increase in advertisement expenses to strengthen the sales and marketing efforts.