Dragon Crown Group Holdings Limited provided group earnings guidance for the six months ended 30 June 2020. Based on a preliminary assessment of the latest available unaudited consolidated management accounts of the Group and information currently available to the Board, it is expected that the Group will record an increase of over 40% in its net profit for the first half of 2020 as compared with the six months ended 30 June 2019. Based on the relevant information currently available to the Board, the Board considers such expected increase in net profit for the first half of 2020 is mainly attributable to, among other things, the increase in revenue in respect of methanol and acetic acid and the share of results of the joint venture in Weifang which turned around from loss to profit, as compared with the six months ended 30 June 2019.