The Board of Directors of Trek 2000 International Ltd. announced that further to the earlier announcement on the extension of time for dispatch of the Company's annual report on 8 March 2020, the Group would like to issue a profit warning on the revision of the Group's final financial results for financial year ended 31 December 2019 based on preliminary assessment of the audit adjustments as agreed with the auditors. The Group will be revising its financial results for year ended 31 December 2019 from profit after tax to loss after tax due to material audit adjustments as agreed with the auditors. These include further tax provision for IHQ tax concession under consideration, fair value adjustments on unquoted investments and other few smaller adjustments. The adjustments as agreed with the Group auditors are in line with the conservative accounting approach adopted by the Group.