U Banquet Group Holding Limited provided group earnings guidance for the six months ended 30 June 2020. The group is expected to record profit attributable to the equity holders of the Company within a range of HKD 70.0 million to HKD 80.0 million due to the following reasons: Gain on disposal of subsidiaries in the amount of not less than HKD 70.0 million, of which the disposal was completed on 28 May 2020; and increase in segment profit from environmental maintenance business, from approximately HKD 27.8 million for the six month ended 30 June 2019 to not less than HKD 30.0 million for the Reporting Period.