Neo Telemedia Limited provided group earnings guidance for the six months ended 30 June 2019. The group is expected to record a loss attributable to the owners of the Company for the six months ended 30 June 2019 (the "Period") as compared to a profit attributable to the owners of the Company for the six months ended 30 June 2018, mainly due to the following factors: the decrease in revenue from sales of telecommunication products business, primarily attributable to the downturn and keen competition of the global mobile business environment and the decrease in consultancy fee income in relation to Internet data center services and Wi-Fi, system integration and software development services during the Period; and the decrease in loan interest income generated by short-term loans provided to independent third parties, primarily attributable to the fact that most of the short-term loans were settled during the year ended 31 December 2018 and the settlement therefrom has been applied to the project in Heshan, Guangdong Province.