AB Builders Group Limited provided earnings guidance for the year ending December 31, 2020. Based on the information currently available to the Board and preliminary assessments, the Group is currently expected to record a significant net loss of not less than MOP 35.0 million for the year ending 31 December 2020 as compared to a net profit of approximately MOP 20.3 million for the year ended 31 December 2019. The expected decline in performance for the year ending 31 December 2020 is mainly attributable to the significant decrease in revenue and gross profit of the Group's business due to the prolonged COVID-19 and the overall economic depression in Macau and Hong Kong, which leads to a substantial delay in the progress of several on-going construction projects and a suspension of a project.