Singamas Container Holdings Limited provided earnings guidance for the year ended December 31, 2019. The company announced that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group and information then available to the Board, the Group was expected to report a consolidated net loss of at least USD 95,000,000 for the year ended 31 December 2019 (including non-recurring losses of at least USD 25,000,000). Taking into account an additional provision of expected credit loss to be incurred by the Group for the year ended 31 December 2019 in respect of the aforesaid trade receivables due from the PIL Group, the Group is currently expected to report a consolidated net loss of not less than USD 105,000,000 for the year ended 31 December 2019 (including non-recurring losses of at least USD 25,000,000).