PPS International (Holdings) Limited provided earnings guidance for the year ended 30 June 2019. For the year ended 30 June 2019, it is expected that the Group will record a net profit attributable to the owners of the Company for the year ended 30 June 2019 (the "2019 Annual Results") as compared to the net loss of approximately HKD 8.3 million attributable to the owners of the Company for the year ended 30 June 2018. The significant improvement in the 2019 Annual Results is primarily attributable to the following reasons: cessation of the loss-making development of (i) the businesses of provision of financial regulated activities under the Securities and Futures Ordinance and provision of forex brokerage service in New Zealand; and (ii) the environmental and cleaning services business of the Group in Shenzhen, the People's Republic of China (the "PRC"); decrease in the interest expenses on the convertible bonds which were issued in August 2017 and redeemed in August 2018; and decrease in the selling, marketing and administrative expenses, including but not limited to staff costs, rental expenses, entertainment expenses, advertising and promotion expenses, travelling expenses and general office expenses, of the Group's headquarters after implementation of the stringent costs control procedures and simplification of the Group's corporate structure.