Veeko International Holdings Limited provided earnings guidance for the year ending 31 March 2020. In light of the significant decrease in the number of visitors to Hong Kong and the reduction in commuting of local residents since the outbreak of the novel coronavirus (COVID-19) epidemic (the "Epidemic") in January 2020, the retail industry has borne the brunt which has directly affected the Group's turnover and results, and it is expected that the Group's losses for the year ending 31 March 2020 will further increase.