China Finance Investment Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2021. The board of directors of the company inform the shareholders of the company and potential investors that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the year ended 31 December 2021 and all information currently available to the Board, the Group is expected to record a net profit of approximately HKD 30.0 million to HKD 34.0 million for the Reporting Period, as compared to a net loss of approximately HKD 68.1 million for the corresponding period in 2020. The turnaround from loss to profit in the Group's financial performance is primarily attributable to an increase in gross profit during the Reporting Period due to the increase in revenue; and the reversal of impairment loss in respect of trade and other receivables due to the recovery of certain long outstanding trade and other receivables during the Reporting Period.