Excalibur Global Financial Holdings Limited announced earnings guidance for the three months ended 31 March 2020. The company anticipated to record a loss attributable to equity shareholders of the Company of approximately HKD 4.6 million for the three months ended 31 March 2020 as compared to a profit attributable to equity shareholders of the Company of approximately HKD 2.2 million for the three months ended 31 March 2019. The Board attributed such deterioration in financial performance primarily to (1) the drop in revenue of the Group from approximately HKD 10.2 million for the three months ended 31 March 2019 to approximately HKD 3.2 million for the three months ended 31 March 2020; and (2) payment of one-off bonus of HKD 2.0 million to executive directors of the Group for the three months ended 31 March 2020 (three months ended 31 March 2019: Nil).