Guangdong - Hong Kong Greater Bay Area Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2020. For the year, the company expects to record a turnaround to the consolidated net profit for the Year of not less than RMB 300.0 million as compared to the net loss of RMB 277.3 million for the year ended 31 December 2019. The expected turnaround profit was primarily attributable to a number of factors including, (i) the increase in the area delivered in the sales of properties during the Year compared to the last year; and (ii) the decrease in selling and administrative expenses due to the Group's efficient cost control during the Year.