Daido Group Limited provided earnings guidance for the six months ended 30 June 2020. for the period, the company expected to record a loss of not more than 6% increase as compared with the loss of approximately HKD 25,593,000 recorded for the six months ended 30 June 2019. The Board considers that the expected loss is primarily attributable to (1) the operating loss incurred in the operation of a new warehouse; (2) the termination of a business unit in the cold storage segment; and (3) the outbreak of the novel coronavirus (COVID-19).