Somerley Capital Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2020. For the year ended 31 March 2020, the Group is expected to record an after-tax loss in the range of approximately HKD 7 million to HKD 8 million (2019: after-tax profit of approximately HKD 9.5 million). The expected loss was mainly due to the slowdown mentioned above and the absence of a marquee financial advisory transaction with revenue of approximately HKD 9.2 million which was completed last year. In addition, there was an approximately HKD 4.0 million unrealised loss on financial assets at fair value through profit or loss and an impairment loss in the range of approximately HKD 3 million to HKD 4 million recognised in respect of an intangible asset.