Mexan Limited provided consolidated earning guidance for the six months ended 30 September 2019. The company expected to record a consolidated net loss for the six months ended 30 September 2019 (the "Period") as compared to a consolidated net profit recorded for the corresponding period last year. Such expected loss was mainly attributable to the social unrest occurring in Hong Kong since June 2019 which has seriously damaged Hong Kong's inbound tourism industry and has impacted the Group's profit from hotel room sales. In order to maintain sales and market share, promotional campaigns on hotel room rate have been launched and as a result, the profit margin was negatively affected.