China Infrastructure & Logistics Group Ltd. announced earnings guidance for the six months ended 30 June 2020. The Company announced that, based on the preliminary assessment of the latest unaudited management accounts of the Group for the six months ended 30 June 2020 and the financial information currently available to the Group, it is expected that the Group will record a net loss of not less than approximately HKD 10 million, as compared to a net profit of approximately HKD 14 million for the six months ended 30 June 2019. The anticipated loss is primarily attributable to (i) the decrease in overall container throughput resulting in the decrease in both revenue and gross profit from the Group's terminal service business; (ii) the decrease in government subsidies granted to the Group to support the development of the logistics centre adjacent to the Shayang Port; and (iii) the fair value loss of investment properties, as compared to that for the six months ended 30 June 2019 due to the outbreak and wide spread of the Coronavirus Disease 2019 (COVID-19) which has caused unfavourable impact to the Group's operations and financial performance, despite that the Group has used its best endeavours to minimise the impact of COVID-19 to its operations. Please refer to the announcements of the Company dated 25 February 2020 and 25 March 2020 for details on how COVID-19 has affected the Group.