The board of directors (the "Board") of Kinetix Systems Holdings Limited informed the shareholders of the Company (the "Shareholders") and potential investors that based on a preliminary review on the unaudited consolidated results of the Group for the six months ended 30 June 2020 (the "Current Period"), it is expected that the Group will record a net profit amounting to approximately HKD 1.4 million, as compared to net profit of approximately HKD 5.7 million for the six months ended 30 June 2019.