Million Stars Holdings Limited provided earnings guidance for the year ended June 30, 2019. For the year, the group is expected to record a loss of approximately HKD 40 million as compared to a profit of approximately HKD 205 million for the year ended 30 June 2018. Based on the information available, the Expected Loss was mainly attributable to the narrow profit margin of the provision of internet advertising agency services; the suspension of mobile payment technical support services business; and the impairment losses on trade and other receivables.