The board of directors of L & A International Holdings Limited announced that the profit to be recorded by the Group for the six months ended 30 September 2020 is likely to be not less than HKD 10 million, as compared with a loss of approximately HKD 1.1 million for the corresponding six months ended 30 September 2019. The Board believes that such estimated profit is mainly attributable to, among other things, the growth in the Group's Financial Quotient and Investment Education business, which has shown marked growth as compared with the corresponding six-month period in 2019.