Asia-Pac Financial Investment Company Limited provided consolidated earnings guidance for the nine months ended 31 December 2019. The group is expected to record a loss not less than approximately HKD 49.4 million for the Period. Based on the relevant information available, the Board considers that such loss was mainly attributable to (1) the recognition of non-cash expenses for share-based payment of approximately HKD 9.0 million and (2) net fair value loss on financial assets at fair value through profit or loss amounted to approximately HKD 20.0 million during the Period.