Honbridge Holdings Limited provided group earnings guidance for the second quarter ended June 30, 2020. For the period, the company expects to record approximately HKD 56 million revenue for the three months ended 30 June 2020, increased by more than 100% when compared to the approximately HKD 26.99 million revenue for the three months ended 30 June 2019. The increase in revenue was mainly due to the novel coronavirus (COVID-19) pandemic which severely affected the business of the Group in the PRC for the three months ended 31 March 2020. The PRC business was generally halted in February and the operation has only restored gradually in March. The vehicle market in the PRC rebound in the second quarter of 2020, more orders were received and so the revenue of the Group increased. However, the revenue for the six months ended 30 June 2020 of the Group still decreased by approximately 26.8% when compared to the corresponding period in 2019. Despite the increase in revenue for the Second Quarter of 2020, the Group is expected to record a loss attributable to owners of the Company of approximately HKD 120 million for the first six months of 2020 as compared to the loss attributable to owners of the company of approximately HKD 12.7 million for first six months ended of 2019.