Sincere Watch (Hong Kong) Limited provided group earnings guidance for the year ended 31 March 2019. The board of directors of the Company wishes to inform the shareholders of the Company and potential investors that based on the information currently available, the Company is expected to continue to record a loss for the year ended 31 March 2019 but such loss would increase significantly by approximately 100% as compared with the net loss for the year ended 31 March 2018. Such increase in the net loss is primarily attributable to the loss in change of fair value of financial assets.