DreamEast Group Limited provided group earnings guidance for the six months ended 30 June 2020. For the period, the company expected to record a loss attributable to the Shareholders in the range of approximately HKD 150 million to HKD 200 million compared to the Group 's consolidated profit of approximately HKD 5.8 million for the six months ended 30 June 2019. The expected loss is primarily attributable to: the outbreak of Covid-19 pandemic in the beginning of 2020 and the quarantine measures had affected the Group's operations in the mainland and led to a significant drop in revenue for the six months ended 30 June 2020 of approximately 70% as compared with the six months ended 30 June 2019; and no material change is expected in the fair value of the Group's investment properties for the six months ended 30 June 2020 resulting from the change in the investment properties market conditions.