The board of directors of New Century Group Hong Kong Limited informed the shareholders of the company and potential investors that based on information currently available to the Board and the preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2020 (the "Period"), the Group is expected to record a loss attributable to owners of the company of approximately HKD 60 million for the Period, as compared to a profit attributable to owners of the company of approximately HK$12 million for the corresponding period of last year.