KayDav Group Limited announced that shareholders are accordingly advised that the company's earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ended 30 June 2019 are expected to be between 2.9 and 3.2 cents per share or between 24% and 31% lower for EPS and between 22% and 29% lower for HEPS, compared to the earnings per share of 4.2 cents and headline earnings per share of 4.1 cents reported in the unaudited interim results for the six months ended 30 June 2018. In addition to tough trading conditions, HEPS and EPS were negatively affected by the application of IFRS 16, an increase in the net impairment loss on trade and other receivables and costs incurred to terminate the employment of selected employees.