Synagie Corporation Ltd. provided consolidated earnings guidance for the six months ended June 30, 2020. Based on preliminary review of the unaudited consolidated financial results of the Group for the six months ended 30 June 2020, the Group is expected to report a net profit for the first half of 2020 due to: a one-off surge in demand for COVID-19 related products such as masks, sanitisers, toilet rolls and thermometers from trade customers; and increased e-commerce activity as a result of the COVID-19 situation and stay at home measures. The Group is in the process of finalising the unaudited consolidated financial results for the first half of 2020 and further details of the Group's performance will be disclosed when the Group announces its the first half of 2020 unaudited consolidated financial results.