Golden Resources Development International Limited provided group earnings guidance for the six months ended 30 September 2019. After preliminary review by the management of the Company based on the management accounts of the Group, the board of directors of the Company wishes to inform the shareholders of the Company and potential investors that the unaudited interim results of the Group are expected to record a net profit after tax for the six months ended 30 September 2019 as compared to a net loss after tax for the corresponding period in 2018. Based on the information currently available, the Board considers that such turnaround in profits is primarily attributable to the increasing number of stores and in-store revenue from Circle K business in Vietnam, as well as effective cost control measures and the improved sales of rice products in Hong Kong.