The board of directors of Keen Ocean International Holding Limited that, based on the preliminary review and assessment of the information currently available, including the unaudited consolidated management accounts of the Group for the nine months ended 30 September 2020 (the "Third Quarter 2020"), it is expected that the Group would record a profit for the Third Quarter 2020 of approximately HKD 199,000, as compared to the loss for the corresponding period in 2019 of approximately HKD 2,452,000.