Evershine Group Holdings Limited board announced that, based on a preliminary review of the unaudited financial information of the Group and information currently available to the Board for the six months ended 30 June 2020, the Group is expected to record a loss of approximately HKD 18.8 million for the Current Period as compared to the loss of approximately HKD 10.4 million for the six months ended 30 June 2019. Based on information currently available to the Board, the increase in expected loss for the Current Period was mainly attributable to nil gain from the fair value change in convertible notes (Prior Period: approximately HKD 6.7 million) and derivative (Prior Period: approximately HKD 2.4 million) resulting from an early redemption of convertible notes during the year ended 31 December 2019.