G.A. Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2020. The Group is expected to record a significant increase in profit after tax for the three months ended 30 June 2020 to not less than HKD 20.0 million compared to the three months ended 30 June 2019 of approximately HKD 8.0 million. The Board considered that the expected increase in net profit after tax is mainly attributable to (i) an increase in revenue from sales of motor vehicles during the second quarter of 2020 due to a rebound in general consumption after the relief from the epidemic of novel coronavirus (COVID-19) in the Peoples' Republic of China; (ii) an improvement in gross operating margin from sales of motor vehicles; (iii) a decrease in the number of staff and related staff cost; and (iv) a decrease in general operating expenses resulted from effective cost control.