Timeless Software Limited provided the unaudited consolidated earnings guidance for the year ended March 31, 2019. For the period, the company expected 2019 to record a loss as compared to the profit for the year ended March 31, 2018. The net loss of the Reporting Period was mainly attributable to (i) the decrease in revenue resulting from the decrease in sales volume of nickel-copper products affected by the dumping of nickel-copper ores from Russia to the PRC market, as well as the exhaustion of the Hongshannan Gold Mine which generated a portion of revenue in the previous year; and (ii) the impairment losses of mines and goodwill on the e-sports project as assessed in accordance with the Group's accounting policies.