The board of directors of Wai Chi Holdings Company Limited provided that the group is expected to report a decrease of over 30% in its net profit for the first half of 2019 as compared with that of the six months ended 30 June 2018. Based on the relevant information currently available to the Board, the Board considers such expected decrease in net profit for the first half of 2019 is mainly due to the significant decrease in profit in respect of equipment displays and televisions backlight products and non-core sourcing business as compared with the first half of 2018.