Lifestyle China Group Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2020. For the six months, the company expected the profit attributable to owners of the Company is expected to record a decrease of approximately 50% when compared to that for the corresponding period last year. The expected profit decrease is mainly a result of the pervasive business disruptions to department store and retail businesses caused by the outbreak of the novel coronavirus (COVID-19) since early 2020, which resulted in a decline in sales revenue and hence profit of the Group's department store operations; and a drop in share of profit from the Beiren Group, associate of the Group based in Hebei Province, the People's Republic of China.