Founder Holdings Limited provided earnings guidance for the year ended 31 December 2020. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and prospective investors of the Company that, based on preliminary assessment of the Group's unaudited consolidated management accounts for the year ended 31 December 2020 and information currently available to the Board, the Group is expected to record profit attributable to owners of the Company of not less than HKD 40 million for the year ended 31 December 2020, as compared with the loss attribute to owners of the Company of approximately HKD 238.8 million for the year ended 31 December 2019.