The board of directors of Value Partners Group Limited announced that, based on preliminary review of the latest available financial information of the Company, consolidated profit attributable to owners of the Company is expected to increase significantly to about HKD 1.3 billion (an unaudited estimate) for the year ended 31 December 2020 as compared to HKD 513.4 million for the year ended 31 December 2019. The substantial improvement is mainly attributable to an increase in performance fee to approximately HKD 1.4 billion (an unaudited estimate) for the year ended 31 December 2020 from HKD 55.3 million for the year ended 31 December 2019. Operating profit before other gains or losses, which reflects the Group's core business, is expected to increase significantly to about HKD 1.3 billion (an unaudited estimate) for the year ended 31 December 2020 as compared to HKD 343.7 million for the year ended 31 December 2019.