Baguio Green Group Limited provided earnings guidance for the six months ended 30 June 2019. Based on the preliminary assessment of the internal unaudited management accounts of the Group, the board of directors of the company announces that the Group's profit is expected to substantially decline for the six months ended 30 June 2019 as compared to the corresponding period in 2018. Such substantial decline in the Group's profit was mainly attributable to the increase in labour costs of cleaning business operations due to the competitive labour market in the cleaning sector. Despite the expected decline in profit, the Group's business is stable and financial situation remains solid and sound.