The board of directors of Yield Go Holdings Ltd. informed the shareholders of the Company (the Shareholders) and potential investors of the Company that, the Group is expected to record an unaudited net loss within the range of approximately HKD 7.0 million to HKD 9.0 million for the year ending 31 March 2020 as compared to a net profit of approximately HKD 36.0 million for the year ended 31 March 2019. Such net loss was mainly attributable to: (i) the decrease in revenue as a result of the decrease in number of sizeable projects undertaken and the delay in certain projects as a result of the outbreak of the novel coronavirus (COVID-19) epidemic during the Period; (ii) the decrease in gross profit margin as a result of the increase in the Group's overall construction costs mainly due to unexpected additional costs incurred for certain projects during the Period; and (iii) the adoption of a more competitive project pricing strategy by the Group in response to the intense market competition during the Period.