International Entertainment Corporation provided earnings guidance for the six months ended December 31, 2020. For the period, the Group is expected to record loss from continuing operations of not more than HKD 95 million for the six months ended December 31, 2020 as compared to a profit from continuing operations of approximately HKD 56.2 million for the six months ended December 31, 2019. The expected loss from continuing operations of the Group for the six months ended December 31, 2020 was mainly due to, among other things, the substantial decrease in the number of tourists given the travel restrictions imposed by the local government of the Philippines, the decrease in the room occupancy rate and the selling price for the hotel segment, and the decrease in the leasing income from Philippine Amusement and Gaming Corporation as a result of imposition of different levels of community quarantine requirements in the Philippines in light of the development of COVID-19 pandemic.