PF Group Holdings Limited provided consolidated earnings guidance for the three months ended 30 June 2019. For the period, based on preliminary assessment of the draft of unaudited consolidated financial results of the Group for the three months ended 30 June 2019, it is expected to record a loss approximately HKD 0.68 million for the 2019 First Quarterly Results as compared to the profit approximately HKD 6.73 million for the three months ended 30 June 2018. The Board considers that the loss for the 2019 First Quarterly Results was mainly attributable to the decrease in fee and commission income from placing and underwriting activities of approximately HKD 11.0 million which arisen from the decrease in (i) number of engagement participated by the Group and (ii) the average commission rate.