CITIC Resources Holdings Limited provided group earnings guidance for the six months 30 June 2020. Based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group, the information currently available to the Board and an assessment of the prevailing economic environment, the Group is expected to record a loss for the six months ending 30 June 2020, as compared to a net profit attributable to the equity shareholders of the Company of HKD 362.1 million for the six months ended 30 June 2019. The expected loss will be mainly attributable to a significant fall in average selling price of crude oil sold by the Group in the first four months of 2020, comparing to the same period of crude oil sold last year.