NOVA Group Holdings Limited provided earnings guidance for the six months ended 31 December 2021. For the six months, on the preliminary review on the unaudited consolidated financial information of the Group for the six months ended 31 December 2021 and information currently available to the Board, the Group is expected to record a revenue of approximately HKD 66.90 million for the six months ended 31 December 2021 as compared to approximately HKD 137.29 million for the corresponding period in 2020. The Group is also expected to record a loss for the period of approximately HKD 21.60 million for the six months ended 31 December 2021 as compared to a profit for the period of approximately HKD 13.16 million for the corresponding period in 2020.

The deterioration was mainly attributable to the decrease in revenue of approximately HKD 70.39 million due to the ongoing issue of the coronavirus disease 2019 pandemic; and the increase in impairment loss on goodwill of approximately HKD 34.12 million.