The board of directors of Enviro Energy International Holdings Limited announced that, based on the information currently available, it is expected that the net loss of the Group for the year ended 31 December 2019 is expected to increase by more than 50% as compared to the net loss recorded for the year ended 31 December 2018. The expected increase in net loss was primarily attributable to (i) the decrease in interest income arising from loan receivables and (ii) absence of one-off gain on disposal of subsidiaries (2018: approximately HKD 9,203,000) and gain on disposal of assets held for sale (2018: approximately HKD 7,137,000) during the year ended 31 December 2019.