PAX Global Technology Limited provided earnings guidance for the financial year ending 31 December 2019. The board of directors of the Company announced that based on the preliminary assessment by the Board of the unaudited consolidated management accounts of the Group and the information currently available to the Board, the Group is expected to record an increase of not less than 20% in net profit for the financial year ending 31 December 2019 (the "Reporting Period") as compared to HKD 515 million for the financial year ended 31 December 2018, notwithstanding the share option expense of approximately HKD 39 million arising from the share options granted by the Company in October 2019 and expected to be recorded in the Reporting Period.