V1 Group Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2019
V1 Group Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2019. For the year, the company expected to generate a gross profit for the year ended 31 December 2019 ("fiscal year 2019") of no less than HKD 100 million, representing a significant improvement from a gross loss of approximately HKD 32.6 million for the year ended 31 December 2018; and its net loss attributable to owners of the Company for fiscal year 2019 to be not more than HKD 200 million, representing a significant reduction of approximately 70% year over year.