Sing Tao News Corporation Limited provided earnings guidance for the six months ended 30 June 2020. Based on the information currently available to the Board, it is anticipated that the Group will record a loss attributable to the Shareholders of approximately HKD 61.4 million for the six months ended 30 June 2020. The expected loss was attributable to the major reduction in newspaper advertising income across the whole printed media sector due to the adverse economic conditions resulting from the unprecedented COVID-19 pandemic.