Tycoon Group Holdings Limited announced earnings guidance for the year ended December 31, 2020. For the year, the group expects to record (i) a decrease in revenue of around 28% as compared to HKD 700.8 million for the year ended 31 December 2019; and (ii) a loss after tax of not more than HKD 70 million as compared to a profit after tax of approximately HKD 54.5 million for FY2019.