ISP Global Limited provided consolidated earnings guidance for the six months ended December 31, 2020. The board of directors of the company inform the shareholders and potential investors of the company that based on the initial assessment of the information currently available (including but not limited to the unaudited consolidated management accounts of the Group for the six months ended 31 December 2020 (the "Period")), the Group may record a consolidated net loss attributable to owners of the company for the Period of approximately SGD 39,000 to approximately SGD 47,000, as compared to a consolidated net profit attributable to owners of the company of approximately SGD 58,000 in the corresponding period in 2019. Based on the information currently available to the Board, such expected decrease is mainly attributable to, among other things, the increase of approximately SGD 84,000, or 6.1%, in administrative costs and expenses related to funding of business opportunities in the Group's new E-commerce segment in China from approximately SGD 1.4 million for the six months ended 31 December 2019 to approximately SGD 1.5 million for the Period; and (ii) the decrease in gross profits in the Group's integrated services of sound and communication systems segment which was primarily due to delays in project completion in the Period.