Sino Grandness Food Industry Group Limited provided earnings guidance for the first quarter ended 31 March, 2020. The Group is expected to report a loss for first quarter of 2020 as compared with a profit for the corresponding period in 2019 due primarily to the negative impact of COVID-19 on the company's operating regions as highlighted in the Company's update on the Group's operations in the People's Republic of China ("PRC") and impact due to COVID-19 published via the SGXNet on 20 February 2020, 28 February 2020 and 8 June 2020.