Universe Printshop Holdings Limited provided earnings guidance for the year ended March 31, 2019. For the period, the Group is expected to record a net loss for the year ended 31 March 2019, as compared to a net profit of approximately HKD 3.1 million for the year ended 31 March 2018. 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, 24 October 2018 and 25 January 2019 regarding the results for the three months ended 30 June 2018, six months ended 30 September 2018 and nine months ended 31 December 2018 respectively.