The board of directors of EDICO Holdings Limited announced that based on a preliminary review of the unaudited consolidated management accounts of the Group for the three months ended December 31, 2020, the Group expects to record a net profit of approximately HKD 1.4 million for the three months ended 31st December 2020 as compared to a net loss for the same period in 2019. The Board considers that such change was mainly attributable to the growth of the Group's core businesses and the receipt of subsidies from the Employment Support Scheme under the Anti- epidemic Fund granted by the government of the Hong Kong Special Administrative Region.