Taste Gourmet Group Limited provided earnings guidance for the six months ended September 30, 2020 the shareholders of the Company and potential investors that, based on a preliminary review of the unaudited consolidated management accounts of the Company for the six months ended 30 September 2020, the Group is expected to record a decline in: (1) revenue of approximately 11% as compared to the six months ended 30 September 2019; and (2) net profit and net profit attributable to owners of the Company decreased by: (i) excluding listing expenses charged on the proposed transfer of listing from GEM to the Main Board of the Stock Exchange of approximately 11% as compared to the Corresponding Period; and (ii) excluding Listing Expenses and the anti-epidemic subsidies from the Hong Kong Government of approximately 75% as compared to the Corresponding Period.