The board of directors of CSI Properties Limited announced that based on the preliminary review of the unaudited consolidated management accounts of the Group for the fiscal year ended 31 March 2021, the Group is expected to record a significant decrease by approximately 70% in its audited consolidated profit attributable to owners of the Company for the fiscal year ended 31 March 2021 as compared to that of the previous fiscal year ended 31 March 2020. The anticipated decrease in profit attributable to owners of the Company was mainly attributable to the reduction in the recorded sales of the Group's properties under the continuing adverse market conditions caused by the COVID-19 pandemic.