Chinese Estates Holdings Limited provided earnings guidance for the year of 2020. For the year, the company expected that the Group may record an increase in the Revenue ranging from 127% to 137% and a decrease in the Profit ranging from 20% to 30% for the Year, as compared with the revenue of HKD 1,310 million (as reclassified) and the consolidated net profit attributable to owners of the Company of HKD 790 million for the year ended 31 December 2019.