TradeGo FinTech Limited provided earnings guidance for the year ended 31 March 2020. The company expected that the Group will record a profit after taxation for the year ended 31 March 2020 in the range of HKD 12 million to HKD 15 million, as compared to a net loss after taxation of approximately HKD 17.7 million for the year ended 31 March 2019. The Board believes that the change from a net loss to a net profit was mainly attributable to (i) an increase in revenue in the range of HKD 4 million to HKD 6 million (ii) a decrease in staff costs due to an increase in capitalization of research and development projects; and (iii) a decrease in general and administrative expenses.