K Group Holdings Limited provided earnings guidance for the six months ended 29 February 2020. For the period, it is expected that the Group would record a higher loss attributable to the owners of the Company for the Reporting Period of approximately SGD 1.6 million as compared to a loss of approximately SGD 1.4 million in the corresponding period of last year. Based on the information available to the Company immediately preceding the publication of this announcement, the Board considers that such increase in loss after tax during the Reporting Period was mainly attributable to the outbreak of Covid-19 in Singapore in late first quarter of year 2020, leading to the Singapore government mandating various measures since then to contain and control the spread of Covid-19 in Singapore.