Birmingham Sports Holdings Limited provided consolidated earnings guidance for the six months ended 31 December 2019. For the period, the company based on the preliminary review on the information currently available to the Board, including the unaudited consolidated management accounts of the Group, the consolidated loss attributable to owners of the Company for the six months ended 31 December 2019 is expected to decrease by over 60% as compared to the consolidated loss of HKD 168.9 million for the corresponding period in 2018. Such expected decrease in consolidated loss is mainly attributable to the sale of several players by Birmingham City Football Club PLC, a principal subsidiary of the Group, in which profits were recorded by the Group on such transfer activities during the period.