1. T Expected A Net Loss Of Over HK $100 Million In The First Quarter

Compared with the net profit of HK $34.0 million for the year ended April 31, 2020, the net profit for the year ended April 31, 2020 was less than HK $34.0 million.

Prior to that, I.T. had announced that in the first quarter, same store sales in Hong Kong, China and Macao fell by 49.1%, same store sales in mainland China declined by 11.8%, and same store sales in Japan and the United States declined by 66.1%. Therefore, it is expected that revenue will turn from profit to loss.