Keyne Ltd. provided earnings guidance for the year ended December 31, 2020. The company announced that based on the preliminary assessment of the unaudited consolidated management accounts for the year ended 31 December 2020, the Group is expected to record a consolidated net loss attributable to the owners of the company of approximately HKD 597 million as compared with net loss attributable to owners of the company of approximately HKD 289 million for the year ended 31 December 2019. The major reasons are attributable to (i) finance cost approximately HKD 197 million, (ii) impairment loss on land use right approximately HKD 8 million, (iii) impairment loss on construction in progress HKD 69 million, (iv) impairment loss on investments in associates approximately HKD 251 million, and (v) fair value loss on investment properties approximately HKD 29 million.