Chu Kong Shipping Enterprises (Group) Company Limited provided earnings guidance for the six months ended 30 June 2020. For the period, the company reported the profit of the Group for the Period has significantly decreased by approximately 85% to 95% as compared to the corresponding period in 2019. The significant decrease in profit is mainly due to the COVID-19 epidemic that caused the government has temporarily closed the Guangdong-Hong Kong and Hong Kong-Macao cross-border waterway passenger terminals since late January 2020, which negatively affected the performance of cross-border passenger transportation and its related auxiliary businesses of the Group. In addition, a substantial gain from disposal of a property recorded by the Company in the same period last year is non-recurring in the Period.