Lai Sun Development Company Limited provided group earnings guidance for the six months ending 31 January 2020. The board of directors of the company informed shareholders of the company and potential investors that based on the unaudited preliminary consolidated management accounts for the three months ended 31 October 2019, the group is expected to record a substantial decrease in consolidated results for the six months ending 31 January 2020 as compared to the same period last year. Such decrease is primarily due to the absence of the net gain on bargain purchase on acquisition of subsidiaries during the period.