Guangdong Kanghua Healthcare Co., Ltd. provided consolidated earnings guidance for the six months of fiscal 2020. The Group is expected to record a loss of approximately RMB 125.0 million for 2020 Interim as compared to the profit of approximately RMB 55.5 million for the six months ended 30 June 2019. The expected turnaround from profit to loss for 2020 Interim is primarily attributable to the following. a decline in revenue, which is in turn primarily attributable to a decline in the number of patient visits and deferral of non-critical surgeries and other medical procedures or operations at the Group's healthcare institutions during the COVID-19 pandemic in the first quarter of 2020, while the Group's overall fixed costs remained at a relatively high level as there was no material lay off of staff members and reduction of the relevant expenses.