Termbray Industries International (Holdings) Limited announced earnings guidance for the six months ended 30 September 2020. For the period, the company expects its results will reduce by more than 50%, as compared to a loss of approximately HKD 22 million for the corresponding period in 2019. The reduction in loss is primarily due to the net effect of the recognition of: (1) a fair value gain of approximately HKD 3 million on an investment property; (2) foreign exchange gain arising from the revaluation of the Renminbi currency by approximately 5% during the period; and (3) professional fees and expenses of approximately HKD 17 million incurred during the period in relation to the acquisition of aEasy Credit Investment Limited and its subsidiaries.