The board (the "Board") of directors (the "Directors") of Wan Leader International Limited informed the shareholders (the "Shareholders") of the Company and potential investors that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the three months ended 30 June 2020 (the "Period") and information currently available to the Board, the Group is expected to record a net profit before taxation not exceeding approximately HKD 4.4 million for the Period (as compared to a net loss before taxation of approximately HKD 4.5 million for the respective period in 2019).