The board of directors of announced that based on preliminary assessment of the Group's unaudited consolidated management accounts for the year ended March 31, 2021 (the ``FY2021'') and the financial information currently available to the Board, the group is expected to record a net loss attributable to owners of the company of not less than approximately HKD 45 million for the FY2021 as compared to the net loss attributable to owners of the company of approximately HKD 13.7 million for the year ended 31 March 2020 (the ``FY2020'').