Softpower International Limited announced based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2020, it is expected that the Group may record a significant increase in the profit attributable to equity holders of the Company for the year ended 31 December 2020 of between HKD 18 million and HKD 21 million, as compared with a profit of approximately HKD 6.8 million for the same period of last year. Such profit increment was mainly attributable to the combined effect of (i) the base figure of last year's profit is comparatively low; (ii) improvement in gross profit margin; and (iii) on-going cost-savings effort.