Microware Group Limited provided earnings guidance for the year ended 31 March 2020. The group is expected to record an increase in net profit of approximately HKD 11.7 million or 40.8% for the year ended 31 March 2020 as compared to the year ended 31 March 2019. The Board considers that the expected increase in net profit during the year ended 31 March 2020 was primarily attributable to an increase in revenue of approximately HKD 110 million or 8.8%, and an increase in gross profit of approximately HKD 25.6 million or 20.6% for the year ended 31 March 2020 as compared to the year ended 31 March 2019.