Natural Beauty Bio-Technology Limited board of directors announced that the Group expects to record a significant decline in its profits for the six months ended 30 June 2019 as compared to its profits for the corresponding period of 2018. The main reasons for the profit decline are adverse impact from RMB depreciation; higher expenses due to more research & development and new product launch efforts aiming at expanding the customer base; and continuous adjustment of distribution channels and investment in marketing to enhance the brand value.