The board of directors of Hong Kong Food Investment Holdings Limited informed shareholders of the Company and potential investors that, based on the information currently available to the management, the Group is expected to record an increase in its unaudited profit attributable to the Company's shareholders for the six months ended 30 September 2022 as compared with the previous year. The unaudited profit attributable to the Company's shareholders is expected to be in the range of HKD 5 million to HKD 10 million for the six months ended 30 September 2022, as compared to a loss of approximately HKD 2 million for the same period last year. The increase was primarily attributable to (i) the expected increase in share of profits from associates for the six months ended 30 September 2022; and (ii) the receipt of subsidies from the Hong Kong Government anti-pandemic support schemes.