YGM Trading : POSITIVE PROFIT ALERT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

YGM TRADING LIMITED

(incorporated in Hong Kong with limited liability)

(Stock Code: 00375)

POSITIVE PROFIT ALERT

This announcement is made in accordance with Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the "Board") of directors (the "Directors") of YGM Trading Limited (the "Company", together with its subsidiaries, the "Group") wishes to inform the shareholders and potential investors of the Company that the Company is expected to record a consolidated profit after taxation of not more than HK$3.0 million for the year ended 31 March 2022 as compared to a loss after taxation of approximately HK$11.7 million recorded for the year ended 31 March 2021. The Board is of the view that the expected profit was mainly due to (1) the one-off gain from the disposal of industrial premises for rental in Hong Kong; (2) the valuation gain of investment property in London; and (3) the write back of unutilized provision made last year.

The information contained in this announcement is solely based on the information currently available to and the preliminary review by the Group's management of the unaudited sales and other financial information of the Group for the year ended 31 March 2022, which are subject to finalisation and necessary adjustments and have not yet been audited, confirmed or reviewed by the Company's independent auditor or its audit committee. Therefore, the actual consolidated results of the Group for the year ended 31 March 2022, which are expected to be released by the end of June 2022, may differ from the information contained in this announcement. Shareholders and potential investors of the Company are therefore advised to peruse the results with care when the results announcement is released.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

YGM TRADING LIMITED

Chan Wing Sun, Samuel

Chairman

Hong Kong, 17 June 2022

As at the date of this announcement, the Board comprises six executive Directors, namely Mr. Chan Wing Sun, Samuel, Madam Chan Suk Ling, Shirley, Mr. Fu Sing Yam, William, Mr. Andrew Chan, Mr. Chan Wing Fui, Peter and Mr. Chan Wing Kee, and three independent non-executive Directors, namely Mr. Choi Ting Ki, Mr. So Stephen Hon Cheung and Mr. Li Guangming.