Huanxi Media Group Limited board of directors announced that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020, the Group expects to record revenue of approximately HKD 490,000,000 and continue to record profit of approximately HKD 20,000,000 for the six months ended 30 June 2020, both revenue and profit decreased significantly compared with the period for the six months ended 30 June 2019.