Aurum Pacific (China) Group Limited provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2020. The company group is expected to record a consolidated net loss attributable to the owners of the company of approximately HKD 71.6 million for the current year as compared with the consolidated net loss attributable to the owners of the company of approximately HKD 61.4 million for the year ended 31 December 2019. The anticipated net loss of the Group for the current year is mainly attributable to the impairment losses on several items including goodwill, intangible assets, trade and other receivables, loans receivable and interest receivables for the current year. The board would like to emphasise that the aforementioned impairment losses are non-cash items and have no impact on the group's daily operations and cash flow.