The Cross-Harbour (Holdings) Limited provided group earnings guidance for the six months ended 30 June 2020. Based on the Board's preliminary review and assessment of the Group's unaudited consolidated management accounts and information currently available to the Board, the Group's profit attributable to the equity holders of the Company for the six months ended 30 June 2020 (the "Period") is expected to decrease by approximately 60% as compared to a profit of HKD 455.4 million recorded in the corresponding period in 2019. The expected decrease in profit is primarily attributable to: (1) an estimated net fair value los of financial assets measured at fair value through profit and los in the region of HKD 160 million; and (2) a decrease in profit contribution from tunnel operation as a result of a drop in total revenue caused by lower traffic volume during the outbreak of COVID-19.