Golden Century International Holdings Group Limited provided earnings guidance for the year ended December 31, 2020. For the period, the company expects the revenue increases by approximately nine times for the year ended 31 December 2020 as compared with that for the year ended 31 December 2019; a profit from operations of not less than HKD 5 million for the year ended 31 December 2020 as compared to a loss from operations of approximately HKD 454,961,000 for the year ended 31 December 2019; and decrease of not less than 80% in the loss for the year of the Company for the year ended 31 December 2020 as compared to approximately HKD 397,161,000 for the year ended 31 December 2019. The expected decrease in the loss for the year of the Company for the year ended 31 December 2020 was mainly attributable to the combined effect of a substantial increase in the revenue generated from sales of medical devices and pandemic-prevention supplies and products under the new comprehensive healthcare business segment of the Group commenced during the year under review; substantial decreases in impairment loss on production sharing contract and impairment loss on property, plant and equipment; an increase in gain on fair value change of convertible notes; and a recognition of gain on bargain purchase on acquisition of subsidiaries, GCINT (HK) Limited (formerly known as SD Limited) and GCINT Asset Management Limited (formerly known as SD Asset Management Limited), during the year under review.