Sandmartin International Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2020. The group is expected to record a consolidated net loss for the six months ended 30 June 2020 of not less than HKD 14,000,000 when comparing with the consolidated net profit of HKD 110,598,000 in the corresponding period in 2019. The expected consolidated net loss for the six months ended 30 June 2020 is primarily attributable to the lack of gain on disposal arising from the disposal of former subsidiaries of the Company when comparing with the corresponding period in 2019 and the temporary impact from the COVID-19 epidemic on the Group's business in the first quarter of year 2020.