Vanke Overseas Investment Holding Company Limited provided earnings guidance for the six months ended 30 June 2020. For the period, the Group will record an increase of underlying profit for the Period of no less than 75% and 215%, respectively, as compared to the Group's underlying profit of approximately HKD 45.2 million and HKD 30.7 million, respectively, recorded in the unaudited consolidated financial statements of the Group for the corresponding period in 2019. The estimated increase in the underlying profit of the Group excluding the change in fair value of investment properties and share of results of associates is mainly contributed by (i) the interest income on investment instruments acquired by the Group in June 2019; (ii) the net profit generated from an investment property acquired by the Group in June 2019; and (iii) the net profit generated from the asset management services which the Group began providing in June 2019. The Board also expects that the Group will record a decrease in profit attributable to the Shareholders for the Period of no less than 25% as compared to the profit attributable to the Shareholders being approximately HKD 77.8 million recorded in the unaudited consolidated financial statements of the Group for the corresponding period in 2019. The Board is of the view that the estimated decrease in profit attributable to the Shareholders for the Period is mainly caused by a decrease in fair value of the Group's investment properties.