Affluent Partners Holdings Limited informed the shareholders of the Company and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group, the Group is expected to record a significant increase in loss attributable to equity holders of the Company by more than 550% for the year ended 31 March 2020 as compared to the loss of approximately HKD 42.8 million attributable to equity holders of the Company for the year ended 31 March 2019. The significant increase in loss for the year ended 31 March 2020 was mainly attributable to the following items: the decrease in gross profit due to the decrease in sales of pearls and jewellery; the loss on the share of results of associates; the impairment losses on investments in associates; fair value loss on unlisted property fund; loss on disposals of property, plant and equipment; and the finance costs.