Casablanca Group Limited provided earnings guidance for the year ended December 31, 2020. The Board informed the Shareholders and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the ten months ended 31 October 2020 and the management's estimate, the Group is anticipated to record decreases in sales of the Group by roughly around 20% and profit attributable to the Shareholders by roughly around 40% for the year ending 31 December 2020 as compared to those for the corresponding period in 2019. It is expected that the Group will record a profit for the six months ending 31 December 2020 as compared to the loss recorded for the six months ended 30 June 2020.