Golik Holdings Limited provided earnings guidance for the six months ended 30 June 2020. The Group expects to record an unaudited consolidated profit attributable to the Shareholders of not less than HKD 20 million for the six months ended 30 June 2020 as compared to the unaudited consolidated loss attributable to the Shareholders of approximately HKD 13.7 million for the same period in 2019. The Board considers that the turnaround from the unaudited consolidated loss attributable to the Shareholders to an unaudited consolidated profit attributable to the Shareholders is mainly attributable to the following factors:- better performance found in the Group's Building Construction Materials business as resulted from decrease in price loss from less steel commodity price fluctuation for the steel distribution operation and improvement of income for the ready mixed concrete operation with increase both in its sales price and volume; and better result found in the Group's Metal Products business as contributed by better profit margin from steel wire rope products of the Tianjin operation and benefited from the effect of social insurance relief policy in Mainland China during the COVID-19 outbreak.