HKC International Holdings Limited provided earnings guidance for the year ended 31 March, 2020. The Group is expected to record a loss attributable to the equity holders of the Company of approximately HKD 23 million for the year ended 31 March, 2020 as compared to the profit attributable to the equity holders of the Company of approximately HKD 1 million for the year ended 31 March, 2019. The expected loss was mainly attributable to (i) the decrease in revenue and gross profit as a result of the social events and the outbreak of the novel coronavirus; and (ii) the fair value loss in investment properties amounting to approximately HKD 11 million while there was fair value gain amounting to approximately HKD 8 million for the year ended 31 March, 2019.