China-Hongkong Photo Products Holdings Limited provided group earnings guidance for the year ended 31 March 2019. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary review of the information currently available to the Board, the group expects to record a net loss for the year ended 31 March 2019 as compared to the net profit for last year. The expected net loss was mainly attributable to decrease in valuation gains from investment properties; currency exchange loss following the depreciation of Renminbi; drop in gross margin; and increase in marketing expenses during the year.