Tao Heung Holdings Limited provides earnings guidance for the six months ended 30 June 2020. The company announced that based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020 (the "Period"), the Group is expected to record a loss attributable to equity holders of the company of approximately HKD 100 million to HKD 110 million for the Period as compared to a profit attributable to equity holders of the company of HKD 72 million for the corresponding period last year. It is mainly attributable to: a drop in revenue of the Group in the range of 40% to 45% as compared to the period ended 30 June 2019 as mentioned in the Announcement; and impairment loss on property, plant and equipment and rights-of-use assets for restaurants of the Group that were underperformed during the Period.