China Best Group Holding Limited announced earnings guidance for the six months ended June 30, 2019. The board of directors of the China Best Group Holding Limited informed the shareholders of the company and potential investors that based on preliminary review and assessment of the Group’s unaudited financial information currently available to it, the Group is expected to record a loss of not less than HKD 15 million for the six months ended 30 June 2019 as compared to its net profit of approximately HKD 0.7 million for the corresponding period in 2018. The Board considers that such loss was mainly attributable to, among other things, (i) decrease of approximately HKD 20 million in revenue arising from the finance leasing segment of the Group; (ii) decrease of approximately HKD 2 million in revenue arising from the money lending segment of the Group; and (iii) increase of approximately HKD 2 million in the Group’s administrative and staff costs.