Nan Nan Resources Enterprise Limited provided earnings guidance for the year ended 31 March 2020. Despite the aforesaid increases in total revenue and gross profit of the Group as well as the positive change in the fair value of the Company's convertible bond, the Group expects to record a net loss of approximately HKD 22.3 million for the year ended 31 March 2020 as compared to a net profit of approximately HKD 28.8 million for the year ended 31 March 2019.