KTL Global Limited provided earnings guidance for the financials year December 31, 2020. For the year, the company expects consolidated net loss of the Group is mainly attributable to the decline in service income of the Group due to the outbreak of COVID-19 and impairment of doubtful debts recognised in the fourth quarter of financial year in line with the company's earlier announcement dated February 2, 2021 pertaining to collection of trade receivables. The company is still in the process of finalising its results for financial year 2020 and is expected to announce its results by February 24, 2021. The information contained in this announcement is based only upon a preliminary assessment by the management of the company of its unaudited financial statements, which have not been reviewed nor audited by the company's auditors and as such, may be subject to adjustments.