The Board of Solartech International Holdings Limited announced that based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 31 December 2021, it is expected to record the profit attributable to the owners of the company ranging from approximately HKD 44 million to HKD 49 million for the six months ended 31 December 2021 as compared to the profit of approximately HKD 2,204,000 attributable to the owners of the Company for the six months ended 31 December 2020. Based on the relevant information currently available to the company, the Board considered that the expected increase in the profit attributable to the owners of the company was mainly attributable to the significant increase in net gain for the fair values of the Group's investment properties for the Relevant Period as compared to net gain for the fair values of the Group's investment properties recorded for the corresponding Period.