C-Link Squared Limited provided earnings guidance for the six months ended June 30, 2020. For the six months, the company is expected to record a consolidated net loss of approximately MYR 2.4 million as compared to the consolidated net profit of approximately MYR 6.5 million for the corresponding period in 2019. Such expected net loss was mainly attributable to the decrease in gross profit recognized for the six months ended 30 June 2020 as compared to that for the corresponding period in 2019 as a result of the slowdown in economy and implementation delay of certain projects caused by the unprecedented outbreak of the novel coronavirus (COVID-19) pandemic and the country-wide lockdown measures imposed by the Malaysia government on 18 March 2020 which was subsequently relaxed for certain industries since May 2020, and the increase in listing expenses incurred in relation to the listing of the shares of the Company on the Main Board of the Stock Exchange on 27 March 2020.