Vinco Financial Group Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2019. For the six months, the company expected to record a loss for the six months ended 30 June 2019 as compared to the profit recorded for the corresponding period in 2018. The Group believes that such decline was mainly attributable to the decrease in revenue from corporate financial advisory services income as a result of withholding certain projects due to clients' financial performance deteriorated mainly because of the continuous weak business environment caused by the US-China trade war; and the volatilities of the political environment, economy and the stock market this year in tandem with the trade war and tariff dispute between China and the United States of America have leaded to postponement to some of projects as clients' worries over domestic uncertainties might have weakened investment sentiment to the local capital markets. The current political and economic uncertainties have weakened the expansion and investment sentiments of some of clients and a prolonged effect on the Group's revenue is expected to continue for the rest of 2019 and 2020.