Wan Leader International Limited provided unaudited consolidated earnings guidance for the nine months ended December 31, 2019. The group is expected to record a net loss before taxation not exceeding HKD 17.0 million for the Period (as compared to a net loss before taxation of approximately HKD 1.8 million (excluding listing expenses) for the respective period in 2018. The increase in loss was mainly attributable to the effects of (i) increase in the costs of air and sea cargo space; (ii) legal and compliance costs, professional fees and printing charges incurred after the listing of the Company's shares on GEM; and (iii) increase in warehousing services related cost including subcontracting charges such as palletisation and trucking services and depreciation.