Noble Engineering Group Holdings Limited provided earnings guidance for the year ended 31 March 2020. The Group is expected to record a consolidated net loss within the range of approximately HKD 8.0 million to HKD 13.0 million for the year ended 31 March 2020 as compared to a consolidated net profit of approximately HKD 11.9 million for the year ended 31 March 2019. Based on the information currently available, the net loss would be mainly attributable to the following factors: the decrease in revenue due to (a) the delay in commencement of new projects being awarded to the Group and (b) substantial completion of the projects on hand during the year ended 31 March 2019; the decrease in gross profit margin for the Group's business as a result of an increase in overall construction costs and competitive project pricing arising from intense market competition; and delays in certain projects as a result of the outbreak of the novel coronavirus (COVID-19) epidemic during the year ended 31 March 2020.