Pak Fah Yeow International Limited provided earnings guidance for the six months ended June 30, 2018. For the period, the group is expected to record a significant decline in the sales revenue of Hoe Hin products for the six months ended 30 June 2018 of not less than 40% as compared to the sales of Hoe Hin products of HKD 74.4 million of the corresponding period in 2017. The Board considers that the expected decline on sales revenue of Hoe Hin products was mainly due to reason as mentioned in the Business Update below.