Allied Sustainability and Environmental Consultants Group Limited provided earnings guidance for the six months ended 30 September 2019. The board of directors of the company announced that the Group is expected to record a net profit after tax for the six months ended 30 September 2019 in the amount of approximately HKD 1.4 million as compared to the net loss after tax of approximately HKD 1.6 million for the corresponding period in 2018. The Board believes that the aforesaid turnaround from net loss to net profit was mainly attributable to the increase of revenue by approximately 22.9% for the six months ended 30 September 2019. The expected increase is mainly driven by increment of new contracts awarded and substantial progress achieved in projects during the six months ended 30 September 2019.