361 Degrees International Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2021. For the year, the company expects the profit attributable to the equity shareholders of the Company for the year ended 31 December 2021 has increased by over 35% as compared with 2020. The improvement in the performance of the Group was mainly attributable to the growth of revenue; the continuous improvement in operating margin; the Company's final redemption of the 7.25% senior notes due 2021 issued by the Company, resulting in interest savings; the further enhancement in the Company' s refined operation and management efficiency; and the government grants received by the Company.

Therefore, it is expected that the profit attributable to the equity shareholders of the Company for the year ended 31 December 2021 will be substantially improved as compared with that for the year ended 31 December 2020.