Asiasec Properties Limited provided earning guidance for the six months ended June 30, 2020. For the period, the group net profit is expected to have a significant decrease ranging from 85% to 95% compared with the net profit of the Group of approximately HKD 64.09 million for the six months ended 30 June, 2019. The primary reasons for the significant decrease in the expected net profit were (i) a fair value loss of investment properties for the six months ended 30th June, 2020 compared with a fair value gain of investment properties for the six months ended 30th June, 2019; and (ii) a share of loss of associates for the six months ended 30 June, 2020 compared with a share of profit of associates for the six months ended 30 June, 2019.