Minshang Creative Technology Holdings Limited provided group earnings guidance for the six months ended 30 September 2018. The group is expected to record a loss attributable to shareholders of approximately HKD 6.1 million for the period as compared with the profit attributable to shareholders of approximately HKD 3.6 million recorded for the six months ended 30 September 2017. The board considers that the aforementioned turnaround from profit to loss was mainly due to the decrease in revenue of the Group due to the intense competition among food and beverage industry and decrease in revenue from the newly replaced restaurants as compared to the closed restaurants; increase in depreciation as a result of the increase in capital expenditure in previous years; and the increase in monthly rental of the group's leased properties upon renewal of the relevant leases and new properties leased.