I.T Limited provided consolidated earnings guidance for the six months ended 31 August 2020. The board of directors (the "Board") of I.T Limited informed the shareholders of the Company and potential investors that the Board has reviewed the draft unaudited consolidated interim financial statements of the Group for the six months ended 31 August 2020. Based on the review of the impairment assessments of the provision of goodwill, property, furniture and equipment and right-of-use assets made in the second quarter of the financial year ending 28 February 2021 and the Draft Financial Statements, the Board expects that the Group will record a net loss of not less than HKD 300 million for the six months ended 31 August 2020 (six months ended 31 August 2019: net loss of HKD 71 million).