Lapco Holdings Limited provided unaudited consolidated earnings guidance for the three months ended 31 March 2020. The board of directors of the company announced that, based on the Board's preliminary review of the unaudited consolidated management accounts of the Company for the three months ended 31 March 2020 (the "Period") which have not been audited by the auditors of the Company nor reviewed by the audit committee of the Company, it is expected that the Group to record a profit before tax of not more than HKD 0.9 million for the Period. Based on the information available to the Company immediately preceding the publication of this announcement, the Board considers that the change from net loss before tax of HKD 3.0 million for the three months ended 31 March 2019 to net profit before tax for the Period was mainly attributed to the increase of approximately 21.9% in revenue during the Period as compared with that for the three months ended 31 March 2019 due to new tender contracts awarded and strategies of enhancing operational efficiencies.