Natural Beauty Bio-Technology Limited provided earnings guidance for the six months ended June 30, 2020. The company announced that the Group expects to record a significant decline in its profits for the six months ended 30 June 2020 as compared to its profits for corresponding period of 2019. The main reasons for the profit decline are (i) significant decline of revenue and gross profit due to the impact of the COVID-19 epidemic, (ii) a large increase of expenses in relation to the audit of the annual results for the year ended 31 December 2019 and the Forensic Review at the request of the Company's auditors, and (iii) the continuous increase of investment in promoting the e-commerce channel business.