Magnificent Hotel Investments Limited that based on a preliminary review of the unaudited consolidated management accounts of the Groups for the six months ended 30th June, 2020 and information currently available, it is expected that there would be a drop in revenue in the range of 60% to 70%, 50% to 60% and 50% to 60% for each of MHI, SHP and SHH, and the results of MHI, SHP and SHH for the Period might each show a loss which would be approximately HKD 150 million, HKD 140 million and HKD 70 million respectively as compared to the respective net profit after tax attributable to owners of MHI, SHP and SHH of approximately HKD 58 million, HKD 91 million and HKD 46 million for the same period last year.