Deson Development International Holdings Limited provided consolidated earnings guidance of the full year ended March 31, 2020. The Group expects to record a net loss for the year ended 31 March 2020 as compared to a net profit attributable to owners of the Company of HKD 27,486,000 for the year ended 31 March 2019. Based on the information currently available to the Board, such expected loss was mainly due to (i) the disruption caused by Coronavirus Disease 2019 (COVID-19) to the Group's properties revaluation during the Reporting Period, which is likely to result in fair value losses on both the Group's investment properties in the People Republic of China (the PRC) and the Group's investments in properties investment projects in the PRC which are included in equity investments designated at fair value through profit or loss; and (ii) the fair value losses on other equity investments that are included in the equity investments designated at fair value through profit or loss; and (iii) the decrease in gross profit generated from the property development and investment segment.