Hong Kong Ferry (Holdings) Company Limited provided earnings guidance for the year ended December 31, 2020. For the period, the company expects that the Group will record approximately 80% decrease in the consolidated net profit for the year ended 31 December 2020 as compared to the audited consolidated net profit of approximately HKD 136 million for the year ended 31 December 2019. As stated in the above-mentioned announcement, the decrease was mainly due to the disruption in revenues caused by the outbreak of COVID-19 and a drop in the valuation of the Group's investment properties.