Crocodile Garments Limited provided consolidated earnings guidance for the year ended 31 July 2020. The board of directors of the Company informed the shareholders of the Company and potential investors that the Group's audited annual results for the year ended 31 July 2020 is expected to deteriorate greatly and record a consolidated loss attributable to owners of the Company within the range of HKD 250,000,000 to HKD 300,000,000 (2019: profit of HKD 30,607,000).