Asia Pioneer Entertainment Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2019. The board of the directors of the Company informed the shareholders of the Company and the potential investors that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the twelve months ended 31 December 2019 and the information currently available to the Board, the Group expects to record a decline in the revenue by approximately 25.2% from approximately HKD 109.6 million for the year ended 31 December 2018 to approximately HKD 81.9 million for the Year. As a result of the decline in revenue, the Group expects to record a loss of approximately HKD 3 million for the Year as compared to a profit of approximately HKD 20.7 million for the Previous Year.