The board of directors of Basetrophy Group Holdings Limited announced that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the three months ended 31 March 2020 and information currently available to the Company's management, the Group is expected to record a net profit of approximately HKD 2.1 million for the three months ended 31 March 2020 as compared with a net loss of approximately HKD 1.8 million for the corresponding period in 2019.