Astrum Financial Holdings Limited announced that based on the preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2020 and the information currently available to the Board, the Group is expected to record an unaudited loss and total comprehensive expense of approximately HKD 0.4 million for the Current Period as compared to an unaudited profit and total comprehensive income of approximately HKD 11.1 million for the six months ended 30 June 2019. Such expected change in the results of the Group for the Current Period is mainly attributable to the significant increase in commission expenses from approximately HKD 6.6 million for the Corresponding Period to approximately HKD 23.8 million for the Current Period, which is partially offset by the increase in placing and underwriting commission income from approximately HKD 24.6 million for the Corresponding Period to approximately HKD 30.4 million for the Current Period.