PacRay International Holdings Limited provided group earnings guidance for the year ended 31 December 2018. The Board informed the shareholders of the company (the "Shareholders") and potential investors that based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2018 (the "Management Accounts"), the Group is expected that an increase in consolidated net loss will be recorded for the year ended 31 December 2018 ("fiscal year 2018"), as compared to the consolidated net loss of HKD 2.7 million for the year ended 31 December 2017. The Board considers that such increase in consolidated net loss for fiscal year 2018 was mainly attributable to the general and administrative expenses increased during the year ended 31 December 2018.