Beijing Capital Land Ltd. provided earnings guidance for the year ended 31 December 2020. For the year, the company is expected to record a decrease in net profit attributable to owners of the Company for the year ended 31 December 2020 of approximately 45% to 60% as compared to the year ended 31 December 2019. Such expected decrease in consolidated net profit is attributable to a number of factors, including: the outbreak of the COVID-19.