Petro-king Oilfield Services Limited provided earnings guidance for the six months ended 30 June 2020. For the period, the company expects to record a loss attributable to owners of the Company of not more than HKD 15 million as compared to a profit attributable to owners of the Company of approximately HD 8.0 million for the corresponding period in 2019. The Board wishes to report that such decrease in profit for the six months ended 30 June 2020 was mainly attributable to the decrease in revenue from oilfield project tools and services resulting from the worldwide outbreak of the Coronavirus Disease 2019 pandemic and the weak international oil price in the first half of 2020.