Lapco Holdings Limited provided earnings guidance for the six months ended 30 June 2020. Based on the Board's preliminary review of the unaudited consolidated management accounts of the Company for the six months ended 30 June 2020 which have not been audited by the auditors of the Company nor reviewed by the audit committee of the Company, it is expected that the Group will record a profit before tax of not more than HKD 3.9 million for the Period. Based on the information available to the Company immediately preceding the publication of this announcement, the Board considers that the change from net loss before tax of HKD 7.3 million for the six months ended 30 June 2019 to net profit before tax for the Period was mainly attributed to the increase of approximately 20.6% in revenue during the Period as compared with that for the six months ended 30 June 2019 due to better margins of new tender contracts awarded and strategies of enhancing operational efficiencies, and other income relating to the anti-epidemic fund subsidy on commercial vehicles and administration fee on anti-epidemic fund for cleaning workers.