The board of directors of Wai Chun Group Holdings Limited informed the shareholders of the company and potential investors that based on preliminary assessment of the unaudited consolidated management accounts of the Group and the information currently available to the Board for the year ended 31 March 2021 (the "Management Accounts"), the Group is expected to record a net profit not less than HKD 2.0 million for the year which is increased notably as compared with the net loss of approximately HKD 25.7 million for the corresponding period in 2020.