Celestial Asia Securities Holdings Limited provided earnings guidance for the year ended 31 December 2020. The group expects to record a turnaround net profit of not less than HKD 30.0 million for the year ended 31 December 2020 (Year 2020) as compared with a net loss of approximately HKD 100.4 million for the year ended 31 December 2019. The expected turnaround of financial results for Year 2020 was mainly attributable but not limited to (i) successfully accelerating Pricerite online sales, as well as increasing the versatility in its entire supply chain to broaden the product range such as antiseptic, food and other "Stay-at-Home"-necessity products, catering to customers' new "Stay-at-Home" lifestyle amidst the COVID-19 pandemic; (ii) Pricerite Group companies' resilience in maintaining its revenue level similar to last year; (iii) improvement in gross profit of Pricerite's household products; (iv) rationalizing overall operating costs as a result of the Group's cost optimisation programme since December 2018 including receipt of subsidies under ESS from the government of the HKSAR.