Kinetix Systems Holdings Limited provided group earnings guidance for the full year ended March 31, 2020. For the period, the company is expected that the Group will incur a net loss amounting to approximately HKD 1.4 million, as compared to net profit of approximately HKD 3.9 million for the three months ended 31 March 2019. Based on the information currently available to the Board, the expected loss was mainly due to the increase in staff salary in administrative and general expenses by approximately HKD 3.4 million; the increase in net other losses by approximately HKD 0.9 million; and the decrease in gross profit by approximately HKD0.7 million.