Pacific Online Limited provided earnings guidance for the six months ended 30 June 2020. For the period, it is expected that the net profit attributable to equity holders of the Company for the six months ended 30 June 2020 would decrease by approximately 45% to 55% as compared to that for the six months ended 30 June 2019. Such decrease in net profit attributable to equity holders of the Company is mainly due to the decrease in revenue of the Group under the impact of 2019 novel corona virus disease (COVID-19) since January 2020; and the increase in provision for impairment of trade receivables of the Group.