With industries around the world reeling from the economic impact of the ongoing coronavirus (COVID-19) pandemic, Sony is bracing itself for an earnings loss in the face of the global health crisis.

In a new report from Bloomberg, Sony has withdrawn its quarterly earnings statement, originally slated to go public next month. Sony has revealed that its factories based in China have since resumed normal operations as the pandemic subsides across East Asia, reaffirming the PlayStation 5's intended release date for the holiday season at the end of the year.

RELATED: Sony's PlayStation 4 Download Slowdown Expands From Europe to Worldwide

Without specifying which production lines would be impacted, Sony noted that factories in operation will continue to face supply chain shortages due to the pandemic. Factories in Malaysia and the United Kingdom will remain closed for the duration of the health crisis.

Sony had officially unveiled the PlayStation 5 in a momentous presentation last week, showcasing the upcoming home video game console's complete technical specifications. In addition to significantly upgraded processing power and loading speeds, many of the PlayStation 4's most popular games have been confirmed to be backwards compatible with the new system at launch.

KEEP READING: PS5: 'Dead Time' Explained - and How Changing It May Revolutionize Gaming

(via Game Rant)