Universe Printshop Holdings Limited provided consolidated earnings guidance for the nine months ended December 31, 2018. The board of directors of the company announced that based on the latest review of the Group's unaudited consolidated management accounts for the nine months ended 31 December 2018 and information currently available to the company, the Group is expected to record a net loss for the nine months ended 31 December 2018, as compared to a net profit of approximately HKD 5.4 million for the nine months ended 31 December 2017 (excluding the impact of listing-related expenses of approximately HKD 7.9 million). The turnaround from profit to loss was mainly attributable to the decrease in gross profit margin of the Group mainly due to the increase in the unit cost of raw materials and subcontracting charges; and the increase in salary costs due to salary adjustment, which were the same as those mentioned in the profit warning announcements of the company dated 25 July 2018 and 24 October 2018 regarding the results for the three months ended 30 June 2018 and six months ended 30 September 2018 respectively.