Neway Group Holdings Limited provided earnings guidance for the year ended 31 December 2021. The Group is expected to record a loss in the range of approximately HKD 10 million to HKD 25 million for the year ended 31 December 2021 ("FY 2021"), as compared to a loss of approximately HKD 87.3 million for the year ended 31 December 2020 ("FY 2020"). The Board considers that such decrease in loss was primarily attributable to (i) the decrease of fair value loss on held-for-trading investments recorded during Fiscal Year 2021 to approximately HKD 2.7 million as compared to that of Fiscal Year 2020 (FY 2020: fair value loss of approximately HKD 32.5 million); (ii) the fair value gain of investment properties recorded during Fiscal Year 2021 of approximately HKD 46.8 million (FY 2020: fair value loss of approximately HKD 9.9 million); and (iii) the absence of impairment loss on certain loan receivables in Fiscal Year 2021 (FY 2020: impairment loss of HKD 26.5 million); which was partially offset by (a) the decrease in gross profit margin of the manufacturing and sales segment mainly due to the significant increase in raw material price in Fiscal Year 2021; (b) the increase in expenses in property segment in Fiscal Year 2021 due to commencement of construction work; and (c) the absence of reduction or waiver of employer obligations on social security contributions and one-off anti-epidemic subsidy in the People's Republic of China and the subsidy from the Anti-epidemic Fund of the Government of the Hong Kong Special Administrative Region in Fiscal Year 2021.