Ausnutria Dairy Corporation Ltd. provided earnings guidance for the first quarter 2020. For the quarter, the company expects Group's revenue anticipated to increase by not less than 25.7% when compared with the corresponding figure for the 1Q2019. The Board considers that such increase is mainly driven by the increase in sales of the Group's own-branded goat and cow milk formula products by at least 36.1% and 34.1% respectively, when compared with that of the 1Q2019, as a result of the continuous strengthening of sales network, brand building and quality of products and services provided to the customers particularly during the period of the outbreak of the coronavirus disease (COVID-19) (the "Pandemic"). Since the outbreak of the Pandemic, the Board has been monitoring the development of the Pandemic and assessing its impact to the Group 's businesses. The Company has since the Pandemic taken immediate steps and measures to protect its businesses and operations, particularly in the health conditions of all its employees, the supply of its raw materials and the logistic arrangement for the delivery of goods. As at the date of this announcement, the Board is not aware of any material adverse impact to the Group's financial or trading position caused by the Pandemic.