The board of directors of APAC Resources Limited (the "Board") informed the shareholders of the Company (the "Shareholders") and potential investors of the Company that based on the preliminary review of the information currently available, the annual results of the Company and its subsidiaries (the "Group") for the year ended 30 June 2021 (the "2021 Year") are expected to record a profit attributable to the Shareholders of not less than HKD 1,200 million as compared to the loss attributable to the Shareholders of approximately HKD 429 million for the year ended 30 June 2020 (the "2020 Year").