Bonjour Holdings Limited provides consolidated earnings guidance for the year ended 31 December 2020. For the period, the Group is expected to record an increase of approximately 70% or above in consolidated net loss for the year ended 31 December 2020 as compared with the corresponding period of the last year; and the audited consolidated net loss of the last corresponding year was approximately HKD 130.6 million. In 2020, the turnover of the Group has decreased, primarily due to the outbreak of the COVID-19 pandemic globally resulting in the severe impact on the retail and travel industries as well as the taking of quarantine measures by various countries resulting in a significant decrease in visitors to Hong Kong and less citizens going out for shopping. During the year ended 31 December 2020, the turnover of the Group was expected to record a double-digit decrease as compared with last year. The average gross margin also decreased accordingly, as the Group offered more discount incentives to attract consumption. Despite the fact that the pandemic created an extremely tough business environment in Hong Kong, the Group leveraged upon the new opportunities from the transformation of consumers' shopping patterns under the new normal, to proactively promote the digitalization of the business modes, expedite the development of e-commerce and strive to meet the new shopping experience of consumers while effectively controlling costs, so as to maintain operational efficiency and achieve long-term sustainability of the Group, and resume its profitability as quickly as practicable.