Stelux Holdings International Limited provided group earnings guidance for the year ended March 31, 2020. The Group inform shareholders and potential investors of the company that based on information currently available to the Board of directors of the company, the Group is expected to record an increase in a net loss attributable to equity holders of the company for the year ended 31 March 2020 compared to the year ended 31 March 2019, due to a decline of retail sales in operating regions since the outbreak of the novel coronavirus disease ("COVID-19") in January 2020, and the social events in Hong Kong since June 2019. A consolidated net loss of HKD 34.6 million was recorded for the year ended 31 March 2019 which included the gain recognized upon the completion of disposal of shares of the Group's entire optical retail and wholesale business to a connected party on 1 June 2018 (the "Disposal Gain"). Excluding the Disposal Gain and loss from the Discontinued Operations, the Group consolidated net loss for the year ended 31 March 2019 was HKD 144.4 million. The Group consolidated net loss for the year ended 31 March 2020 (before the potential non-cash impairment of intangible assets, provision of inventories (mainly watch movements) and impairment losses on right-of-use assets and property, plant and equipment) is expected to increase by not less than 30% compared to the Group consolidated net loss of HKD 144.4 million for the year ended 31 March 2019. The Group is in the progress of assessing the potential non-cash impairment of intangible assets, provision of inventories (mainly watch movements) and impairment losses on right-of-use assets and property, plant and equipment, which is estimated to be between HKD 160 million and HKD 220 million.