Kidsland International Holdings Limited provided unaudited consolidated earnings guidance for the second half of the period from 1 July 2020 to 31 December 2020. The company Group expects to record a net profit after tax of not less than RMB 4.0 million for the six months from 1 July 2020 to 31 December 2020 (the "Second Half 2020"). This is the first time the Group has recorded a net profit after tax for any six-month period since 1 January 2018. To the best knowledge of the Directors, the expected improvement in financial performance of the Second Half 2020 compared to the First Half 2020 was mainly due to the following factors: (i) contraction in sales decline due to ease of negative impact from the COVID-19 in the Second Half 2020 in Mainland China and robust growth in sales in Hong Kong; (ii) the Group's continuous effort of cost savings; and (iii) net exchange gains and reduction in inventory provision in the Second Half 2020.