Hop Fung Group Holdings Limited provided earnings guidance for the year ended December 31, 2020. For the year, the company expects to record a profit attributable to the owners of the Company of approximately HKD 1 million for FY2020 as compared to the loss of approximately HKD 7.9 million attributable to the owners of the Company for the year ended 31 December 2019 ("FY2019"). For FY2019, without taking into account the deferred tax credit of approximately HKD 16.2 million, the Group would record a loss after Hong Kong profits tax, the PRC enterprise income tax and the PRC withholding tax of approximately HKD 24.1 million.