Strong Petrochemical Holdings Limited provided group earnings guidance for the year ended 31 December 2020. The Group will record a loss attributable to owners of the Company in the range of HKD 90.0 million to HKD 110.0 million for the year ended 31 December 2020 as compared to the profit attributable to owners of the Company of HKD 125.0 million for the year ended 31 December 2019, which is primarily attributable to the increases in impairment loss under expected credit loss model, distribution and selling expenses and income tax expense. Yet, such loss has been partially offset by the increase in gross profit margin of the second half of the year 2020, and the decrease in finance cost.