Top Form International Limited provided earnings guidance for the six months ended December 31, 2020. The company expected that the group will record a net profit of no less than HKD 25.4 million for the Period, as compared to a net loss of HKD 13.2 million for the six months ended 31 December 2019. The Board considered that the estimated net profit in the results of the Group was mainly attributable to (i) disposal of a property previously used by the Group for warehouse and office purpose as disclosed in the previous announcement dated 16 September 2020; and (ii) contribution from improved customer and product mix which was offset by the higher supply chain costs as a result of persistent and severe disruptions caused by COVID-19.