The Board of Directors of MSM International Limited announced that the Company that the Group is expected to report a net loss for the financial year ended 31 March 2021 ("FY2021"). Based on the preliminary review of its draft unaudited consolidated financial results for FY2021, the losses are mainly due to a decline in revenue and profit margins as well as stock written off. The Company is still in the process of finalising its results for FY2021 and will provide further details of the Group's performance when it releases the unaudited consolidated financial results for FY2021 on or before 30 May 2021.