Miyoshi Limited provided preliminary group earnings guidance for the third quarter ended 31 May 2020. Following a preliminary assessment of the Group's unaudited financial statements for the third quarter ended 31 May 2020, the Board of Directors of the company to issue a profit guidance that the Group expects to report a loss for the third quarter of 2020 as compared to a profit in the corresponding period for the previous financial year. The loss is mainly attributable to the lower revenue recognised due to a slowdown in business volume arising from the Covid-19 pandemic and the impairment losses recognised from the fire incident at the Group's production plant in the Philippines as previously announced on 28 May 2020.