Evergreen Products Group Limited provided earnings guidance for the six months ended 30 June 2020. The board of directors of the Company announced that the shareholders of the Company and potential investors that, based on the information currently available to the Company and a preliminary assessment by the Board on the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020 (the "Period"), the Group is expected to record, notwithstanding that revenue of the Group during the Period is expected to maintain stable as compared to the corresponding period in 2019 due to an increase in sales volume of braid products during the Period as compared to the corresponding period in 2019, a significant drop in profit after income tax, as compared to a profit after income tax of approximately HKD47.9 million for the corresponding period in 2019. The expected drop in profit after income tax is mainly attributable to the significant negative impact from the outbreak of the COVID-19 disease, which resulted in: special discounts on sales of products having been offered to customers; and a shift of product mix from less sales of human hair extension products with high margin to more sales of braid products with low margin when compared to the corresponding period in 2019 as a result of the adverse market conditions during the Period.