Gemdale Properties and Investment Corporation Limited provided consolidated earnings guidance for the six months ended 30 June 2020. For the period, it is expected that as compared with the profit attributable to owners of the Company shown in interim report for the same period last year, the profit attributable to owners of the Company during the Period will increase by not less than 35%. Such an increase in profit is primarily attributable to the significant increase of the area delivered in the sales of the properties as well as the increase in share of profits from associates during the Period as compared with the same period last year.