Styland Holdings Limited provided earnings guidance for the year ended 31 March 2020. The Group is expected to record a substantial loss for the year ended 31 March 2020 (the ``Annual Results'') as compared to that for the year ended 31 March 2019. The main reason for the substantial loss for the year was mainly attributable to the record of loss of approximately HKD 14,000,000 in the fair value change of investment properties for the year ended 31 March 2020, while there was a gain of approximately HKD 55,591,000 for that fair value change for the year ended 31 March 2019. Because of the noncash item of such fair value change, the Board believes that it has no material impact on the Group's operation.