Century Group International Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2021. The company has recorded a net loss of more than HKD 30 million, which is expected to increase by more than 270% as compared to that of HKD 8.1 million for the year ended 31 March 2020. The expected increase in the Group's net loss for the year was mainly attributable to the decrease in sales and increase in cost of sales resulting from the suspension of a major Hong Kong project for approximately two months due to some workers in the site infected by the novel coronavirus disease (COVID-19) for early 2021. The information contained in this announcement is only based on the preliminary assessment by the Group's management according to the information that is currently available and the preliminary unaudited consolidated management accounts of the Group for the year ended 31 March 2021, which have neither been reviewed by the Board's audit committee nor audited by the Company's independent auditor.