Playmates Toys Limited provided earnings guidance for the year ended 31 December 2019. The board of directors of the Company and investors that based on a review of the Group's preliminary financial results for the year ended 31 December 2019, the revenue of the Group for the year is expected to be approximately HKD 359 million as compared to the revenue of HKD 474 million in 2018, and the loss before income tax of the Group for the year ended 31 December 2019 is expected to be approximately HKD 16 million as compared to the profit before income tax of HKD 4 million in 2018. The Board also wishes to inform the Shareholders and the investors that the Group is expected to record a net loss of approximately HKD 37 million for the year ended 31 December 2019 as compared to the net profit of HKD 562,000 in 2018.