Sitoy Group Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the six months ended December 31, 2021. For the period, the group expects to turnaround from loss to profit and record a profit attributable to the owners of the company with a range from approximately HKD 4,000,000 to HKD 10,000,000, as compared to a loss attributable to owners of the company of approximately HKD 87,837,000 for the corresponding period in 2020. The turnaround is mainly due to living with COVID-19 or zero COVID-19 strategies implemented by different countries or areas together with the growing global COVID-19 vaccine injection rate, which has stabilised the COVID-19 situation, especially in the PRC, during the six months ended December 31, 2021, benefiting both the company's manufacturing and retail businesses and the stabilised Hong Kong commercial property market and lower fair value loss expected to be recorded in the property investment business.