Great Water Holdings Limited provided earnings guidance for the first quarter ended March 31, 2019. For the quarter, the company p expects to record a significant decrease in its revenue and a loss after tax for the first quarter as compared to that in 2018. The Board considers the significant decrease in the Group's revenue and a loss after tax for the first quarter are mainly attributable to (1) a slowdown in additional demands for water or water treatment facilities due to the sluggish economy in the People's Republic of China in 2018 and early 2019; and (2) the extension of the commencement of construction for certain projects of the Group from 2018 to 2019. The significant decrease in the Group's revenue led to a corresponding significant decrease in gross profit, resulting in a loss after tax recorded in the first quarter.