CNMC Goldmine Holdings Limited provided earnings guidance for the six months ended 30 June 2020. The net loss for the first half of 2020, compared with a net profit for the corresponding period in the first half 2019, is mainly due to: decreased gold output as the Group had processed lower grade ore as well as reduced quantity of ore because it had to stop all mining and processing activities in Kelantan from 18 March 2020 to 5 May 2020 to comply with a nationwide movement control order issued by the Malaysian federal government as part of its efforts to contain the COVID-19 outbreak; and unrealised foreign exchange loss as a result of the weakening of the Malaysian Ringgit against the US Dollar.