Edvance International Holdings Limited provided that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 March 2021 and currently available information, it is expected that for fiscal year 2021, the Group will record an increase in net profit after taxation attributable to owners of the Company of over at least 40% for FY2021 as compared to the same period in 2020. Such expected increases in net profit are primarily driven by the increase in gross profit resulting from an increase in revenue and gross profit margin of the Group's cybersecurity products and services businesses.