The board of directors of Union Medical Healthcare Limited announced that based on the latest assessment by the Board with reference to the preliminary unaudited consolidated management accounts of the Group currently available, it is expected that the financial results of the Group for the year ended 31 March 2019 (the "Period") may record a significant increase of over 35% in both revenue and profit after tax for the Period respectively as compared to that of the corresponding period in 2018. Such increase was mainly attributable to (i) an increase in sales and operational efficiency in the long- established business during the Period as compared with the same period last year; (ii) contribution from the newly acquired and developed businesses during the Period; and (iii) revaluation gain from the investment properties.