LKS Holding Group Limited provided group earnings guidance for the year ended March 31, 2020. For the year, the company expected to record a decrease in net profit of not less than 60% as compared with a net profit of approximately HKD 16.1 million for the corresponding period in 2019. The Board considers the decrease in net profit was mainly attributable to (i) the decrease in gross profit margin of the Group's projects due to the delays in progress as a result of the outbreak of COVID-19; and (ii) the loss incurred for certain projects during the year.