The board of directors of Ching Lee Holdings Limited informed the shareholders and potential investors of the Company that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2021, the Group is expected to record a loss for the six months ended 30 September 2021 of approximately HKD 9.3 million, as compared to the net profit of the Group for the six months ended 30 September 2020 of approximately HKD 13.6 million. The Board considers that the loss of the Group was mainly attributable to (i) the decrease in revenue recognised from the on-going projects for the six months ended 30 September 2021; and (ii) the decrease in other income and gain due to there was no more government grants obtained from Employment Support Scheme launched by the Hong Kong SAR Government for the six months ended 30 September 2021. The Company is still in the course of finalizing its consolidated financial results of the Group for the six months ended 30 September 2021. The information contained in this announcement is only based on the preliminary assessment made by the Board with reference to the information currently available, which has not been reviewed nor audited by the external auditor or audit committee of the Company and may be subject to change. Shareholders and potential investors are advised to read carefully the interim results announcement of the Group for the six months ended 30 September 2021 when it is published.