Doyen International Holdings Limited provides earning guidance for the full year ended December 31, 2020. According to the unaudited consolidated financial statements of the Company, it is expected that the profit for the year of the Group will exceed HKD 100 million for the year ended 31 December 2020 as compared to the audited loss of approximately HKD 83 million for the year ended 31 December 2019. As at 21 October 2020, the Group received approximately RMB 665.6 million (equivalent to approximately HKD 790.7 million) from Chongqing Doyen Shuorun Petrochemical Group Limited to settle the relevant outstanding loans granted to a related company, resulting in (i) a reversal of impairment loss of approximately HKD 50.1 million in respect of the amount due from a related company for the year ended 31 December 2020; and (ii) an aggregate interest income from the loans granted to the relevant related party of approximately HKD 164.4 million being recognised during the year ended 31 December 2020, which resulted in an increase in profit for the year during the year ended 31 December 2020 as stated above. It should be noted that, excluding the above-mentioned one-off gains derived from the settlement of the relevant loans, the Group is expected to record a similar level of loss from operation and loss for the year during the year ended 31 December 2020 as compared with that for the year ended 31 December 2019.