PT International Development Corporation Limited provided consolidated earnings guidance for the six months ended September 30, 2020. The board of directors of the company inform the shareholders of the company and its potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2020 and other information currently available to the company, the Group expected to record a profit of not more than approximately HKD 155 million for the Current Period as compared to a loss in the amount of approximately HKD 695 million for the corresponding period in 2019 and reversed the net loss position of the Group for the six months ended 30 September 2019. The Board considers that the expected increase in profit during the Current Period was mainly due to a gain arising from the disposal of the Group's associate, PYI Corporation Limited which was completed in July 2020.