The United Laboratories International Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2020. For the six months, the company expected the net profit of the Group for the six months ended 30 June 2020 is expected to be approximately RMB 200 million, while the net profit for the six months ended 30 June 2019 is approximately RMB 295.9 million. The decrease in net profit is mainly due to loss on fair value change of embedded derivative components of convertible bonds of approximately RMB 220 million (2019: gain of approximately RMB 52.4 million), which is a non-cash item having no impact to the Group's liquidity position.