The board of directors of TFG International Group Limited informed the shareholders of the Company and potential investors that based on a preliminary review of the Group's unaudited consolidated management accounts for the year ended 31 December 2022 and the information currently available to the Board, the Group expects to record a profit after tax in excess of HKD 250.0 million for the year ended 31 December 2022. The profit, amongst other things, is mainly attributable to (i) the recognition of a one- off gain from the disposal of subsidiaries completed in May 2022, and (ii) the profit generated from the sales of completed properties during the year of 2022, subject to necessary adjustments and finalization. As disclosed in the 2022 interim report of the Company (the ``2022 Interim Report''), the Group reported a profit after tax approximately of HKD 160.5 million in the first half of 2022.

The Group would expect to report an additional profit after tax approximately of HKD 100.0 million in the second half of 2022.