Rectifier Technologies Limited provided earnings guidance for the fiscal year of 2020. For the year, the company expected to remain profitable for the financial year of 2020 despite a negative impact of COVID-19's economic effects on the Company's sales. The extent to which an expected decrease in sales for the financial year will impact profitability for fiscal year of 2020 is unclear at this stage, however, a reduction in annual profit and sales compared to fiscal year of 2019 is currently expected, the company will provide further guidance in due course.