The board of directors of Luk Fook Holdings (International) Limited informed the shareholders of the Company and potential investors that, based on the preliminary review of the draft unaudited consolidated management accounts of the Group for the year ended 31 March 2024, the Group's profit for the year is expected to exceed HKD 1.7 billion, representing an increase of approximately 30% to 40% compared to the corresponding period last year. This is attributable to the continuing improvement in retail sentiment following the border reopening among Hong Kong SAR, China, Macau SAR, China and Mainland China early last year, the low base effect, and the gain on a one-off remeasurement of around HKD 200 million recorded after the acquisition of Hong Kong Resources Holdings Limited.