ICO Group Limited provided earnings guidance for the six months ended 30 September 2020. The Group's unaudited consolidated net profit for the six months ended 30 September 2020 is expected to be decreased by not more than HKD 11 million as compared to that of the six months ended 30 September 2019. And the unaudited total comprehensive income for the Period is expected to be increased by not more than HKD 9 million as compared to Corresponding Period. The expected decrease in Group's unaudited consolidated net profit and expected increase in Group's unaudited total comprehensive income for the Period were mainly due to the net effect of the following factors: a decrease in gross profit for the Period by not more than HKD 8 million as compared to the Corresponding Period; an increase in other revenue and net income by not more than HKD 6 million as compared to the Corresponding Period; a decrease in general and administrative expenses by not more than HKD 14 million as compared to the Corresponding Period mainly due to the decrease in payroll; a decrease in aggregate of change in fair value of derivative component in convertible bonds, gain on conversion of convertible bonds and change in fair value of investment property by not more than HK$19 million as compared to the Corresponding Period; and an increase in total comprehensive income by not more than HKD 9 million as compared to the Corresponding Period mainly due to an increase in change in fair value of financial asset at fair value through other comprehensive income (non-recycling) and exchange differences on translation of financial statements of overseas subsidiaries.