Willas-Array Electronics (Holdings) Limited provided group earnings guidance for the year ended March 31, 2019. Based on the Board's preliminary assessment of the unaudited consolidated management accounts of the Group for the financial year ended March 31, 2019, it is expected that the Group is likely to record a consolidated net loss for financial year 2019 as compared to a consolidated net profit for the financial year ended March 31, 2018. The expected consolidated net loss is mainly attributable to: (i) the decline in sales revenue of the Group as a result of the rising and continuing US-China trade tensions that have dampened consumer sentiment in financial year 2019; and (ii) an exchange loss arising from the depreciation of the Renminbi in financial year 2019 (whereas there was an exchange gain from the appreciation of the Renminbi in financial year 2018).