Million Hope Industries Holdings Limited provided that it is expected that the Group would record a decrease of approximately 45% to 60% in consolidated profit attributable to owners of the Company for the year ending 31 March 2020 as compared to that of HKD 45.5 million for the year ended 31 March 2019 (after excluding the one-off listing expenses of HKD 22.6 million incurred in relation to the listing of the shares of Company on the Main Board of the Stock Exchange for the year ended 31 March 2019). Such expected decrease in consolidated profit for the current year was mainly attributable to (i) the drop in revenue and gross profit due to the overall delays in the master programmes of the Group's certain projects during the year as well as the suspension of installation works in construction sites following the supply chain disruption caused by the novel coronavirus outbreak in the Mainland China during the first quarter of year 2020; and (ii) the expected absence in the current year of the HKD 3.2 million gain on change in fair value of investment properties held by the Group recorded in the prior year.