The board of directors of Century Entertainment International Holdings Limited informed the shareholders of the Company and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 March 2022, the Group is expected to record a loss attributable to owners of the Company of approximately HKD 3.3 million, as compared to a loss of approximately HKD 43.0 million in the corresponding period in 2021. The reduction in loss for the year ended 31 March 2022 was mainly attributable to (i) a fair value gain on promissory note of approximately HKD 56.7 million for the year ended 31 March 2022 as compared to a fair value loss on promissory note of approximately HKD 8.8 million for the year ended 31 March 2021; and (ii) the absence of impairment loss on goodwill for the year ended 31 March 2022 as compared to an impairment loss on goodwill of approximately HKD 14.3 million for the year ended 31 March 2021.