The Board of Wing On Company International Limited announced that, that, based on the preliminary review of the unaudited consolidated management accounts for the six months ended 30 June 2020 currently available to the management, the Group expects to record a loss of approximately HKD 338.0 million for the six months ended 30 June 2020 as compared to a profit of HKD 575.8 million for the corresponding period in 2019. The Group's underlying profit attributable to shareholders, which excludes the unrealised net valuation loss on the Group's investment properties and related deferred tax thereon, for the first half of 2020 is expected to decrease by approximately 71% as compared to the corresponding period in 2019.