Birmingham Sports Holdings Limited provided earnings guidance for the six months ending December 31, 2021. For the period, the company expects to record a loss attributable to owners of the Company of not more than HKD 12.0 million for the six months ended 31 December 2021 as compared to the profit attributable to owners of the Company of approximately HKD 71.9 million for the corresponding period in 2020. The change from profit to loss was mainly due to the significant decrease in profit on sales of players' registration; and absence of the fair value gain on derivative financial instruments during the six months ended 31 December 2021, which was partly offset by the expected compensation from the football club segment under the profit and loss sharing arrangement between the Company and Oriental Rainbow Investments Limited pursuant to the shareholders agreement dated 9 October 2020.