Time Interconnect Technology Limited provided earnings guidance for the year ending 31 March 2021. For the year, the Group is expected to record an increase of more than 70% in its consolidated net profit for the year ending 31 March 2021 as compared to the consolidated net profit for the year ended 31 March 2020 as disclosed in its 2020 annual report. To conform with applicable accounting standards in relation to the Acquisition, the comparative consolidated financial information of the Group for the year ended 31 March 2020 has been restated as if the Acquisition had been completed at the beginning of the comparative period. As such, the Group is expected to record an increase in its consolidated net profit of more than 40% for the year ending 31 March 2021 as compared to the restated consolidated net profit for the year ended 31 March 2020. The expected increase in consolidated net profit is mainly attributable to the improvement of profit margin of new 5G products in the telecommunication sector and the increase in revenue from the medical equipment sector and the industrial equipment sector.