The board of directors of Imagi International Holdings Limited announced that based on the Board's preliminary review on the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020 (the "Period") and the information currently available to the Board, the Group expects to record an unaudited profit after tax for the six months ended 30 June 2020 of not less than HKD 65 million, as compared to the corresponding unaudited net loss after tax for the period ended 30 June 2019 (the "Previous Period") of approximately HKD 34 million. The aforementioned change from loss to profit is mainly attributable to (i) increase in income from the brokerage and money lending businesses; (ii) net realised and unrealised gains from listed equity investments for the Period as compared to net realised and unrealised losses for the Previous Period; and (iii) increase in other income mainly comprising a non-recurring break fee paid by the Seller to the Group for the termination of the Sales and Purchase Agreement for the proposed acquisition of the Target Company (Note) . The aforementioned expected unaudited profit after tax has not included any potential provisions/impairments which has to be made subject to the review of the Board and the audit committee of the Company together with the discussion with the independent auditor of the Company.