IRC Limited board of directors announced that, based on the preliminary assessment of the Group's most recent unaudited consolidated management accounts and the information currently available to the Board and before taking into account any possible adjustments (including but not limited to provision for assets impairment losses or reversal of assets impairment losses) in connection with the finalisation of the annual results of the Group for the year ended 31 December 2020, the Group is expected to record a profit attributable to Shareholders for the twelve months ended 31 December 2020 of between approximately $20 million to $26 million.