Celestial Asia Securities Holdings Limited provides earnings guidance for the year ended 31 December 2021. The Group expects to record a net loss of not more than HKD 50.0 million for the year ended 31 December 2021 ("Year 2021") as compared with a net profit of approximately HKD 41.0 million for the year ended 31 December 2020 ("Year 2020"). The expected net loss for Year 2021 was mainly attributable to (i) the impairment loss recognized on interests in an associate; (ii) the decrease in gross profit margin due to the weak consumer confidence and intense e-commerce market competition; (iii) the increase in advertising and promotion expenses of Pricerite Group arising from the expansion of the market share and enhancement of the brand awareness; (iv) the development costs for the e-commerce application and the newly revamped Pricerite mobile app; and (v) the absence of the Government subsidies under Employment Support Scheme.