Oriental Explorer Holdings Limited provided earnings guidance for the year ended December 31, 2020. Group is expected to record a consolidated loss before taxation within a range of HKD 27 million to HKD 35 million for the Year 2020, compared with a consolidated profit before taxation of approximately HKD 52 million for the year ended 31 December 2019. The expected turnaround from profit to loss for the Year 2020 was mainly attributable to the combined effect of the following factors: the net fair value loss of approximately HKD 125 million on listed equity investments recognized for the Year 2020, compared with the net gain of approximately HKD 17 million for the Year 2019; the decrease in dividend income from listed equity investments compared with the Year 2019; and the expected decrease in the net fair value gain arising from revaluation of the Group's investment properties compared with the Year 2019; the effect brought about by the above factors has been partially offset by the recognition of the non-recurring gain of over HKD 80 million arising from the group reorganization between the Company and Multifield International Holdings Limited.