China ITS (Holdings) Co., Ltd. provided earnings guidance for the year ending December 31, 2021. For the period, the company expects that the Group will record a net profit for the reporting year as compared to a net loss for the year ended 31 December 2020. the company believes that the improvement in the group's financial performance for the reporting year as compared to the year ended 31 December 2020 was mainly attributable to a greater growth in gross profit for the reporting year as compared with the same period last year due to a significant increase in revenue in the electric power sector and a relatively higher gross profit margin in that sector for the reporting year; and a significant decrease in impairment loss for the reporting year as compared with the same period last year.