The Board of Directors of Sakae Holdings Ltd. issued a profit guidance in respect of the financial results of the company and its subsidiaries for the full year ended 30 June 2020. Following a preliminary assessment of the company's unaudited financial results for the year 2020, the Group is expected to report a loss for the year 2020 due to: the impact of the Covid-19 pandemic on the operating performance of the company and its subsidiaries in for the year 2020; and the impairment losses on assets.