COSCO SHIPPING Energy Transportation Co., Ltd. provided group earnings guidance for the year ended 31 December 2020. The Group expects to record a net profit attributable to the equity holders of the Company for the year ended 31 December 2020 in the range of RMB 2.25 billion to RMB 2.45 billion (equivalent to approximately HKD 2.70 billion to HKD 2.94 billion), as compared to a net profit attributable to the equity holders of the Company of approximately RMB 414 million (equivalent to approximately HKD 497 million) for the same period of 2019, representing a year-on-year increase in the range of approximately 443.48% to 491.79%.