Lai Sun Garment (International) Limited provided preliminary unaudited consolidated group earnings guidance for the year ended July 31, 2021. For the year, the group expects consolidated loss attributable to owners of the company to decrease significantly by not less than 30% as compared to a net loss of approximately HKD 1,965.9 million for the year ended July 31, 2020. The narrowed loss is primarily attributable to the reduction in net fair value losses on investment properties, the write-down of completed properties for sale to net realisable value and the impairment of right-of-use assets during the year as compared to last year.