BExcellent Group Holdings Limited provided earnings guidance for the six months ended January 31, 2020. For the period, the company expects Group is anticipated to record a loss attributable to the Shareholders for the Period of not more than HKD 8.0 million as compared to the profit attributable to the Shareholders of approximately HKD 19.4 million for the six months ended 31 January 2020. Such anticipated loss would mainly be attributable to the decrease in revenue and session enrolments from the education services due to the prolonged suspension of, as well as the restriction on student number in, face-to-face classes under the orders by Education Bureau resulting from the COVID-19 pandemic. The Company has taken various measures, particularly cost control measures, including liaison of rental concession, closure of certain teaching centres with lower utilization, operation adjustment and human resources reallocation etc., to minimize the impact of the COVID-19 pandemic on the Group's operation and financial performance. The Company is closely monitoring further development of the market conditions and will implement corresponding measures as and when appropriate.