The Board of Directors of Manufacturing Integration Technology Ltd. announced that based on an assessment of the Group's unaudited financial results for the six months financial period ended 30 June 2020 ("1H2020"), the Board advised that the Group is expecting to incur a net loss for 1H2020. The net loss is attributable to the current weak global market for capital goods and the COVID-19 pandemic has impacted both the revenue as well as the backlog orders for the Group.