Sakae Holdings Ltd. provided earnings guidance for the first quarter ended September 30, 2021. The prolonged and continuing effects of the Covid-19 pandemic have continued to disrupt and adversely affect the operations of the Group's food and beverage business, especially its Malaysia business operations. During first quarter of fiscal year 2022, the Malaysian government implemented and extended continued movement control restrictions with no or limited group size dining in. Coupled with this, reduced operating capacity amid heightened and restrictive measures to control the transmission of Covid-19 virus have affected the Group's revenue. The Group expects to report a loss for first quarter of fiscal year 2022.