Esprit Holdings Limited announced that based on the preliminary review of the unaudited consolidated management accounts of the Company for the financial period of six months from 1 July 2020 to 31 December 2020 (the "Period") and information currently available to the Board, the Group is expected to record an unaudited consolidated loss of approximately HKD 280 million for the Period, as compared with the audited consolidated loss of approximately HKD 3,992 million of the Group for the year ended 30 June 2020, yet the Group is expected to record a decline in its total revenue, from approximately HKD 9,874 million for fiscal 2020 to approximately HKD 890 million for the Period after deconsolidation of the six German subsidiaries.