B & S International Holdings Ltd. provided earnings forecast for the six months ended September 30, 2020. Based on the preliminary assessment of the unaudited consolidated management accounts of the group for the six months ended September 30, 2020 and other information currently available to the board of directors of the company it is estimated that the group will record a significant increase in the net profit for the period in the range of approximately 170.0% to 180.0%, as compared to the net profit of approximately HKD 3.9 million for the six months ended September 30, 2019. Such significant increase in net profit was primarily due to the receipt of the first tranche of wage subsidy under the employment support scheme launched by the Hong Kong Government which amounted to approximately HKD 11.9 million and partially offset by an operational loss recorded from the retail business of the group due to the weakened consumer sentiment caused by the outbreak of COVID-19 since February 2020.