Comba Telecom Systems Holdings Limited provided earnings guidance for the year ended 31 December 2020. For the year, the company expects to record a loss attributable to owners of the Group's parent company of approximately HKD 190 million for the Current Year as compared with a profit attributable to owners of the Group's parent company of approximately HKD 151,749,000 for the year ended 31 December 2019. The Group's consolidated loss for the Current Year was primarily attributable to the following factors: Global economy is continuously affected by the COVID-19 pandemic and major China telecom operators have delayed the construction of some 5G network capital projects. Centralized procurement biddings of related 5G antenna products have also delayed which has led to a decline in the Group's turnover and gross profit of antenna products in the Current Year; and The Group increased the relevant investment in the research and development in order to well prepare for the launch of the 5G network, which led to an increase in research and development costs.