One Media Group Limited provided earnings guidance for the third quarter ended December 31, 2019. Based on the information currently available which is subject to further review, the Company is expecting to record a loss of approximately HKD 0.8 million for the third quarter ended 31st December 2019 as compared to a profit of approximately HKD 4.3 million reported in the corresponding period in 2018, mainly attributable to the decrease in advertising revenue of the Group, as a result of the weakening local economy. The loss for this quarter also impacted on the performance of the continuing operations of the Group for the nine months ended 31st December 2019.