The Board of On Real International Holdings Limited informed the Shareholders and potential investors that based on the latest unaudited consolidated management accounts of the Group for the nine months ended 31 December 2019, the Group is expected to record a net loss of approximately HKD 6.4 million compared to a profit of HKD 3.2 million for the corresponding period in 2018. The loss was mainly due to the one-off loss on disposal of financial assets and increase in the administrative expenses which included the increase of the expenses of research and development fee and consulting fee.