The board of directors of Cinda International Holdings Limited informed the shareholders of the Company and potential investors that, based on the preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2020, the Group is expected to record a significant increase by at least 50% in its profit attributable to equity shareholders of the Company for the year ended 31 December 2020 as compared with that for the year ended 31 December 2019 of HKD 51,559,000. The Group's substantial growth in results is mainly due to the improvement of the overall performance of the business of the Group and increase in profits contribution from interests in associates during the year.