The Board of directors of SiS Mobile Holdings Limited informed the shareholders of the Company and potential investors that the Group expects to record a net profit attributable to owners of the Company of not less than HKD 8,000,000 for the financial year ended 31 December 2020 (the "FY2020"), as compared with the net loss attributable to owners of the Company of HKD 5,003,000 for the corresponding year ended 31 December 2019. The turnaround in the result for FY2020 was mainly attributable to significant increase in sales revenue in second half year 2020 as the Group actively adjusted its sales strategies to expand product range as well as sales channels.