Baguio Green Group Limited provided earnings guidance for the year ended 31 December 2019. Based on the preliminary review and assessment of the above information by the management, the Group expects to record a loss of no less than HKD 10 million for the year ended 31 December 2019 as compared to a profit recorded by the Group for the year ended 31 December 2018 primarily attributable to the factors stated in the First Announcement.