Guoco Group Limited provided earnings guidance for the six months ended June 30, 2020. The board of directors of the Company informed Shareholders and potential investors that based on the information available to the Company and an assessment of market conditions, the Group shall report a loss for the year ended 30 June 2020, mainly attributed to 1) a negative contribution from the principal investment segment; 2) adverse impact caused by COVID-19 on other core subsidiary groups, particularly the hospitality and leisure business; and 3) potential impairment losses on the Group's investment properties, hotel assets and development properties.