BOCOM International Holdings Company Limited provided preliminary unaudited consolidated group earnings guidance for the year ended December 31, 2021. For the year, the group expects to record a decrease of approximately 54% to 64% in its consolidated net profit as compared to that for the year ended December 31, 2020 of approximately HKD 851 million. The aforesaid expected decrease in the consolidated net profit was primarily due to the downturn of investment market, especially in respect of the losses derived from fixed income securities in the fourth quarter of 2021.

Other than the aforementioned, the financial results and operations of the group remained stable for the reporting period.