Loco Hong Kong Holdings Limited provided earnings guidance for the six months ended June 30, 2020. Based on a preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2020, the Group is currently expected to record an increase in unaudited loss for the Current Period of approximately 6% as compared to that for the six months ended 30 June 2019 (the "Previous Period"). However, based on a preliminary assessment of the Group's unaudited consolidated management accounts for the three months ended 30 June 2020 (the "2020Q2"), it is currently expected to record an increase of unaudited loss for approximately 70% as compared to the three months ended 30 June 2019. (the "2019Q2"). The expected increase in the unaudited loss for 2020Q2 was mainly attributable to (i) increase in fair value losses on investments in unlisted equity securities of approximately HKD 2.5 million; (ii) increase in provision of loss allowance on loan receivables of approximately HKD 1.4 million and (iii) decrease in interest income from customers and suppliers of approximately HKD 2.3 million. However, the increase the unaudited loss for 2020Q2 was partially offset by the decrease in trading losses on commodity forward contracts of approximately HKD 1.9 million.