Mongolia Energy Corporation Limited provided earnings guidance for the six months period ending 30 September 2020. The unaudited gross profit of the Group for the six months period ending 30 September 2020 is expected to record a decrease to approximately HKD 77.3 million (2019: HKD 365.3 million). The unaudited revenue of the Group for the Financial Period is expected to be approximately HKD 252.0 million, a 68.5% drop from the last corresponding period (2019: HKD 800.1 million). However, with the easing of the pandemic in Xinjiang, PRC, the Group made attempts to revive its operations. The production and sales of the Group are back to normal gradually since August 2020.