Green Leader Holdings Group Limited provided consolidated earnings guidance for the year ended December 31, 2020. The group is expected to record loss attributable to owners of the Company for the 2020 Annual not less than HKD 400 million as compared to the loss attributable to owners of the Company of approximately HKD 696 million for the corresponding period in 2019. The expected loss attributable to owners of the Company for the 2020 Annual was mainly attributable to the combined effects of the following factors: the increase in revenue from the mining operation for the 2020 Annual but with a lower gross profit margin compared to 2019 Annual; the decrease in impairment loss in respect of mining rights and property, plant and equipment for the 2020 Annual compared to 2019 Annual; and the decrease in administrative and other operation expenses in 2020 Annual compared to 2019 Annual.