Goal Forward Holdings Limited provided earnings guidance for the six months ending 30 September 2019. The Group is expected to record a significant decrease in profit before professional fees for transfer of listing for the six months ending 30 September 2019 as compared to that of the corresponding period in 2018. The company's board considers that the decrease was primarily attributable to lower revenue and gross profit margin resulted from (i) the increase in cost of raw materials of the Group; and (ii) the weakening consumer sentiment and the adversity in general in the catering business environment which reduced the bargaining power of the Group in adjusting its product pricing. Facing the current challenges, the Group will continue to monitor the market conditions closely, fine-tune its product mix and implement cost management measures accordingly.