Wang On Group Limited provided unaudited consolidated earnings guidance for the six-month period ended 30 September 2020. For the period, the company's profit attributable to owners of the Company is expected to decrease by more than 60% as compared to the profit attributable to owners of the Company for the corresponding period in 2019. The decline in profit is primarily attributable to, among other factors, the decrease in turnover and profit due to some of the Group's existing projects under development are expected to complete in the second half of the financial year ending 31 March 2021.