Carrianna Group Holdings Company Limited provided earnings guidance for the full year of 2020. The Group is expected to record a significant decrease of approximately 90% in profit attributable to shareholders for the Year 2020 as compared to last year. This was mainly attributable to (i) the share of significant revaluation gain of the investment properties of associates of approximately HKD 299,231,000 in the previous financial year whereas a smaller revaluation adjustment is expected in the Year 2020; and (ii) the decrease in the revenue of the restaurant, food and hotel businesses due to deteriorated market conditions as a result of the social events and the outbreak of the COVID-19 during the Year 2020.