AMS Public Transport Holdings Limited provided earnings guidance for the year ended March 31, 2020. The board of directors of the company informed the shareholders of the Company and potential investors that, based on the preliminary review of the Group's unaudited consolidated management accounts for the year ended 31 March 2020, it is expected that the Group would record a decrease in profit before deficit on revaluation of Public Light Bus ("PLB") licenses for the year by around 60% compared with last year. Nevertheless, since the deficit on revaluation of PLB licenses for the year would reduce by around 34% to approximately HKD 47.1 million (2019: HKD 71.5 million) due to the slower drop in market value of PLB licenses, the Group expects to record a decrease in net loss for the year by around 17% compared with last year after taking account of the non-cash deficit on revaluation of PLB licenses.