The Board of Directors (the "Board") of ComfortDelGro Corporation Limited announced that based on the preliminary review of the draft financial results for the first half ending 30 June 2020, the Company is expected to report a net loss for the first half of fiscal year 2020. The expected net loss for the first half of fiscal year 2020 is mainly attributable to: the significant impact of COVID-19 on the Company's operating regions as highlighted in the Company's COVID-19 Business Update published on SGXNet on 22 May 2020; and the possibility of impairment of the Company's investments in certain local and overseas subsidiaries.