Tao Heung Holdings Limited provided earnings guidance for the six months ended June 30, 2020. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended June 30, 2020, the Group is expecting to record a decrease in revenue of approximately 40% to 45% for the Period as compared to the corresponding period in 2019 and a loss attributable to equity holders of the Company for the Period as compared to the profit attributable to equity holders of the Company of HKD 72.0 million for the corresponding period in 2019, mainly due to the impact of the outbreak of the novel coronavirus disease (COVID-19) and the subsequent anti-epidemic precautionary measures including restrictions on catering business premises imposed in Hong Kong and Mainland China to the operations of the Group since January 2020.