Sky Chinafortune Holdings Group Limited provided earnings guidance for the six months ended June 30, 2020. For the period, the company expects to record a modest profit of not more than HKD 2.0 million as compared to the unaudited consolidated net loss of the Group of approximately HKD 4.6 million for the corresponding period in 2019. Such expected improvement was mainly due to, among other things, the fair value gain on investment properties of approximately HKD 2.8 million for the six months ended 30 June 2020 as compared to the fair value loss on investment properties of approximately HKD 2.8 million for the corresponding period in 2019; the absence of an one-off expense from discontinued operation of approximately HKD 8.3 million which was recorded in the corresponding period in 2019; and the absence of fair value gain in relation to the transfer of properties from accounting classification under Properties held for sale' to Investment properties which amounted to approximately HKD 6.3 million recorded in the corresponding period in 2019.