BOE Varitronix Limited provided earnings guidance for the year ended 31 December 2020. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on information currently available, it is expected that the Group will record a significant increase in the profit attributable to Shareholders for the year ended 31 December 2020 by not less than 150% as compared with that in 2019, which is mainly due to (i) increase in sales of Thin Film Transistor ("TFT") and touch panel display modules to customers in the People's Republic of China (the "PRC") and (ii) decrease in operating costs as a result of the Group's cost-optimizing and efficiency management actions.