The board of directors of In Construction Holdings Limited informed the shareholders and potential investors of the Company that, based on preliminary assessment by the Board of the unaudited management accounts of the Group for the six months ended 30 September 2020 the Group is expected to record an increase of not less than 5 times in its unaudited consolidated net profit for the Period, as compared to HKD 2.5 million for the corresponding period in 2019. Such increase was primarily attributable to, among other factors, increase in revenue and gross profit generated from new projects undertaken by the Group during the Period and successfully claim of extension of time from customers of various projects.