The board of directors of the Finsoft Financial Investment Holdings Limited informed the shareholders of the company and potential investors that, based on the information currently available to the Board, the Group expects to record a net loss for the six months ended 30 June 2020 of not less than HKD 5.4 million, as opposed to a net profit of approximately HKD 0.6 million recorded for the six months ended 30 June 2019, primarily due to the provision for impairment losses on loans receivable and interest receivables in an aggregate amount of approximately HKD 12.6 million recognised in 2020 Interim (2019 Interim: approximately HKD 7.7 million). The impairment losses on loans receivable and interest receivables are non-cash items and do not have an immediate impact on the Group's cash flows and operations.