Advance NanoTek Limited provided earnings guidance for the fiscal year 2020. For the year, the company anticipated that the net profit before tax will be approximately $8.4 million, 2.5 times greater than the fiscal year 2019 profit before tax. This is on anticipated turnover of $18 million up 46% on fiscal year 2019, subject to no further adverse market conditions or delays in any further sales orders, as previously announced on 26 March 2020.