SFund International Holdings Limited provided group earnings guidance for the year ended 31 December 2019. The Group expects to report that the total revenue for the year ended 31 December 2019 of approximately HKD 65 million, as compared to last year in 2018 of approximately HKD 137 million, due to keen market competition and loss of significant customers in apparel supply chain management services business. The Group has been devoted in securing replacements for the lost customers. The Company is still in the process of finalizing its annual results for the year ended 31 December 2019, but the Group expects to record a consolidated net liabilities of approximately HKD 107 million as at 31 December 2019, as compared to the consolidated net assets of approximately HKD 5.5 million as at 31 December 2018 because the Group is expected to record a total loss for the year ended 31 December 2019 of approximately HKD 112 million due to the above reason.