The Board of Directors of Luxking Group Holdings Limited announced that based on a preliminary review of the Group's unaudited financial results for the six months period ended 31 December 2019 ("half year 2020"), the Group expects to record a net loss after tax for the half year 2020. Although sales in half year 2020 has increased compared to half year 2019, the net loss of the Group's unaudited financial results for half year 2020 is due mainly to the sales which is still behind that prior to the PRC-US trade war. However, the loss in half year 2020 is lower than that of half year 2019.