Silver Tide Holdings Limited's board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 March 2020 and assessment of the information currently available to the Board, the Group is expected to record an unaudited loss attributable to owners of the company for the year of approximately HKD 13.7 million, as compared to the profit attributable to owners of the Company of approximately HKD 29.3 million for the year ended 31 March 2019.