Precious Dragon Technology Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2020. For the six months ended 30 June 2020, the Group is expected to record a significant increase in net profit attributable to the Shareholders by not less than 50% as compared to the net profit attributable to the Shareholders of approximately HKD 17.6 million for the six months ended 30 June 2019. Based on the information available to the Board, the Board considers that such expected increase in net profit was mainly attributable to, among other things, (i) the Group's continuous efforts in enhancing operational management and improving control over operating costs in order to reduce the negative impact of the COVID-19 pandemic to the Group's operations; (ii) the development of a series of new sanitizer products by the Group to meet the demands under the COVID-19 pandemic; and (iii) the decrease in professional fees incurred for listing.