Lippo Limited announced earnings guidance for the year ending March 31, 2020. For the year, the group is likely to record a share of profit from joint ventures of not less than HKD 400 million for the year ending 31 March 2020 (of which a share of profit from joint ventures of approximately HKD 264 million was recorded in the consolidated interim results of the company for the six months ended 30 September 2019), as compared to a share of loss of approximately HKD 191 million for the year ended 31 March 2019. Such share of profit was mainly attributable to the gain on disposal of interest in an associate and higher contribution from equity-accounted investees of the principal joint venture during the Year. Such share of profit of joint ventures and any subsequent adjustment thereof will be reflected in the Company's consolidated final results for the Year which is expected to be announced in late June 2020.