The board of directors of the DL Holdings Group Limited that, based on a preliminary review of the Company's draft unaudited consolidated management accounts for the year ended 31 March 2022, the Group is expected to record a net profit between HKD 100 million and HKD 120 million for the year ended 31 March 2022 as compared to the net profit of HKD 200.8 million for the year ended 31 March 2021. Based on the relevant information available, the Board considers that such expected decrease in net profit was mainly attributable to a decrease in gross profit by approximately 30% due to the continuing adverse impact on turbulent economy, high rising inflation, and market correction, caused by the COVID-19 pandemic.