GT Group Holdings Limited updated group guidance for the year ended December 31, 2019. Based on the preliminary assessment of unaudited management accounts of the Group and financial information currently available and that before taking into account any possible adjustments in relation to finalization of the annual results of the Group for the year ended 31 December 2019, the Group is expected to record for the year ended 31 December 2019, a consolidated net loss in the range of approximately HKD 500 million to HKD 600 million (compared to HKD 744 million for the corresponding period 2018), which was primarily attributable to the factors referred in the Announcement.