Netel Technology (Holdings) Limited Provided unaudited consolidated earnings guidance for the six months ended 30 November 2018. For the period, the company expected to record a profit attributable to the Shareholders as compared to a loss of approximately HKD 4.9 million with the corresponding period in 2017. The Board considers that such turnaround was mainly due to the increase in revenue in both the Company's telecommunication segment and IT application segment as a result of the Company securing various contracts from customers and recognizing revenue based on provision of services thereunder, and decrease in administrative expenses of the company.