Winox Holdings Limited provided earnings guidance for the six months ended June 30, 2020. For the period the company on a preliminary review of the management accounts of the Group for the six months ended 30 June 2020 and the information currently made available to the Board, the Group is expected to record a decrease of approximately 30% in its consolidated net profit for the Period as compared with that for the corresponding period last year of HKD 53,334,000. Such estimated decrease in profit during the Period is mainly attributable to the decrease in gross profit margin due to the change in sales mix in which the sales of watch bracelets and costume jewellery segments were adversely affected by the pandemic of the novel coronavirus; and the decrease in sales price of certain products due to the intensified market competition caused by the pandemic.