Asia Pioneer Entertainment Holdings Limited announced that based on a preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020 and the information currently available to the Board, the group expects to record a decline in revenue by approximately 46% from approximately HKD 21.9 million for the six months ended 30 June 2019 to approximately HKD 11.8 million for the Current Period; and an increase in loss by approximately 429% from approximately HKD 5.5 million for the Corresponding Period to approximately HKD 29 million for the Current Period.