The board of directors of Polyfair Holdings Limited informed the shareholders of the company and potential investors that based on preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 March 2019, the Group is expected to record a net loss of approximately HKD 6.6 million for the year ended 31 March 2019 as compared to a net profit of approximately HKD 4.2 million for the corresponding period in 2018.