The board of directors of the Loco Hong Kong Holdings Limited provided unaudited consolidated financial information of the Group, the Group is currently expected to record a significant increase in loss for the year ended 31 December 2020, which will not be less than approximately 60% as compared to that for the year ended 31 December 2019. Such significant increase in loss was mainly attributable to the impact of the global COVID-19 pandemic which caused a general suspension in economic activities, and as a result, the business environment was even more difficult. Compared with the Previous Year, the revenue of the Current Year decreased significantly.