PacRay International Holdings Limited provided earnings guidance for the year ended 31 December 2019. The Company, including the unaudited consolidated management accounts of the Group for the year ended 31 December 2019, it is expected that the Group will record (i) an increase in revenue by approximately 21.3% to approximately HKD 74 million for the year ended 31 December 2019, as compared with approximately HKD 61 million for the year ended 31 December 2018; (ii) an increase in gross profit by approximately 81.8% to approximately HK$20 million for the year ended 31 December 2019, as compared with approximately HK$11 million for the year ended 31 December 2018; and (iii) a decrease in loss for the year by approximately 37.5% to HKD 25 million for the year ended 31 December 2019, as compared to with approximately HKD 40 million for the year ended 31 December 2018. The improvement in the financial performances was due to (i) a stable performance of the design and sales of integrated circuit and semi-conductor parts; and (ii) income brought into the Group from its new business segments.