Great Wall Pan Asia Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2021. for the year, the Group is expected to record unaudited profit attributable to the shareholders of approximately HKD 711 million to HKD 786 million and unaudited basic earnings per share of approximately HKD 0.4537 to HKD 0.5014 as compared to the audited consolidated loss attributable to the Shareholders of approximately HKD 320 million and the audited basic loss per share of HKD 0.2038 a year ago, representing a significant increase of approximately 320% to 350%. The turnaround of the Group's results from loss to profit is primarily attributable to the expected fair value gain of approximately HKD 95 million to HKD 100 million arising from the revaluations of the Group's investment properties as at 31 December 2021, as compared to the fair value loss on investment properties of approximately HKD 171 million for fiscal year 2020; and the expected share of profit of an associate of the Group for fiscal year 2021 of approximately HKD 770 million to HKD 780 million, as compared to the share of profit of an associate of the Group of approximately HKD 57 million for fiscal year 2020, resulting from the growth of fair value revaluation gain on the investment properties of such associate.