China Ocean Group Development Limited provided consolidated earnings guidance for the year ended March 31, 2021. For the period, the Group expected to record a significant decrease in revenue for the Year of approximately 25% as compared to approximately HKD 827 million in 2020. The Group is further expected to record a loss attributable to equity holders of approximately HKD 378 million for the Year as compared to a profit of approximately HKD 28 million recorded in 2020.