Vallianz Holdings Limited provided earnings guidance for the first half ended September 30, 2020. The Board of Directors of Vallianz Holdings Limited provided a profit guidance in relation to its financial results for the first half year ended 30 September 2020 that the Group expects to report an operating loss for first half. The Group recorded a lower revenue in first half as compared to the first half-year ended 30 September 2019 due mainly to certain vessels that were sent for upgrading and/or drydocking and which could only resume their charter contracts after such upgrading and/or drydocking were completed in first half of 2021. The Group also registered a lower gross margin due mainly to higher preparation costs for certain vessels in order to continue to service their charter contracts. As a result, the Group expects to continue to post a net loss for first half of 2021.