Huaxi Holdings Company Limited announced that, after preliminary review and analysis of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2019, the board of directors of the Company is expected to record a substantial increase of more than 100% in the profit attributable to the owners of the Company for the Period as compared to the corresponding period in 2018. The Board believes that the expected increase in the Group's operating profit was mainly attributable to the persistent growth of the environmental treatment business which resulted in the substantial increase in revenue.