The board of directors of Town Ray Holdings Limited announced the shareholders (Shareholders') and potential investors of the Company that based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022, the Company is expected to record an increase in net profit attributable to owners of the Company for the Period of not less than 50% over that of the six months ended 30 June 2021. The increase in net profit attributable to owners of the Company for the Period was primarily attributable to the increase in sales of the Group.