Able Engineering Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 September 2020. The company expected to record a net profit of not more than HKD 5 million for the six months ended 30 September 2020 as compared to the net profit of HKD 79.6 million for the corresponding period in 2019. The decline in net profit was mainly attributable to two new projects awarded during the six months ended 30 September 2020 were still in the preliminary stage of development and that the actual revenue certified by the customers was comparatively lower than the actual costs incurred.