Sing Tao News Corporation Limited provided earning guidance for the year ended December 31, 2021. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the information currently available to the Board, it is anticipated that the Group will record a loss attributable to the Shareholders of approximately HKD 140 million for the year ended 31 December 2021 (the "Year") as compared to the loss attributable to the Shareholders of approximately HKD 80 million for the year of 2020. The related loss is mainly attributable to the one-off government grants from Employment Support Scheme in 2020 which was not available in 2021 and the increase in investment spending on new business developments during the year of 2021.