Truly International Holdings Limited provided Group earnings guidance for the year ended 31 December 2019. For the year, the Group is expected that the unaudited consolidated profit attributable to owners of the Company for the year ended 31 December 2019 (the "Year") would be significantly increased by approximately 6 times to more than HKD 500,000,000 as compared to the audited consolidated profit attributable to owners of the Company for the year ended 31 December 2018 (approximately HKD 74,000,000). The expected increase in the unaudited consolidated profit attributable to owners of the Company for the Year was primarily attributable to the following reason: 1. SIGNIFICANT DECREASE IN SHARE OF LOSS FROM ASSOCIATES - it has been significantly decreased by approximately HKD 420,000,000 to approximately HKD 24,000,000 for the Year compared to 2018 of approximately of HKD 444,000,000, mainly attributable by the significant improvement on financial and operation performance of the major associate, Truly (Huizhou) Smart Display Limited (()), of the Group.