Trinity Limited provided earnings guidance for the six months ended June 30, 2020. Based on the preliminary review of the unaudited management accounts of the Group for the six months ended 30 June 2020, the Group is expected to record a net loss attributable to shareholders of the Company for the six months ended 30 June 2020 of not less than HKD 150 million, as compared with a net profit attributable to shareholders of the Company of HKD 76.6 million for the six months ended 30 June 2019. The expected loss was mainly attributable to the outbreak of the coronavirus disease 2019 ("COVID-19") pandemic since January 2020. As disclosed in note 41 of the 2019 annual report of the Company dated 31 March 2020, the Group expected that in the case of a prolonged COVID-19 crisis, local retail business would be greatly impacted and business performance for the first half of 2020 would be affected. Under the adverse impact of the COVID-19, during the six months ended 30 June 2020, the markets in Mainland China, Hong Kong, Macau, Taiwan, France and the United Kingdom, the key regions in which the Group operated, continued to be weak with dampened consumption sentiments for premium menswear products, and as a result (i) the Group recorded a material decline in retail revenue and (ii) there was a substantial postponement of orders in the wholesale business.