The Hongkong and Shanghai Hotels, Limited provided earnings guidance for the six months ended June 30, 2020. The Board of Directors of the company announced that for the six months ended 30 June 2020 as compared to profit attributable to shareholders of HKD 254 million and underlying profit of HKD148 million for the same period last year. The information contained in this announcement is in addition to the Group's previous profit warning announcement issued on 26 February 2020 and in the annual report published on 30 March 2020. The Group's unfavorable results of the first half of 2020 were principally due to the outbreak of the COVID-19 coronavirus which has resulted in widespread travel advisories and flight cancellations around the world. This will be addressed in detail in interim results to be issued on 5 August 2020. Apart from the direct impact on operational results, the pandemic has caused the revaluation of investment properties and impairment provisions of non-investment properties.