Tai Hing Group Holdings Limited provided earnings guidance for the six months ended June 30, 2019. The company expects to record a significant decrease in the profit attributable to the Shareholders for the six months ended June 30, 2019 as compared to the same period last year. It was mainly due to the following one-off and/or non-cash items: (1) the effects of the application of Hong Kong Financial Reporting Standard 16 "Leases" (effectively from January 1, 2019) on the expenditures spent on the leases of the restaurants and other premises, (2) the one-off listing expenses recognized for the Period, and (3) the absence of the one-off gain on disposal of non-current assets classified as held for sale recognized for the same period last year, as disclosed in the Company's prospectus dated May 30, 2019.