Somerley Capital Holdings Limited provided earnings guidance for the year ended 31 March 2021. For the year, the company expects to record an after-tax profit in the range of approximately HKD 6.7 million to HKD 7.5 million (2020: loss of approximately HKD 7.2 million). The return to profit is mainly attributable to the combined effects of (i) approximately HKD 1.0 million decrease in employee benefits costs; (ii) approximately HKD 1.1 million decrease in depreciation and other operating expenses; (iii) the turnaround in fair value of The Climate Impact Asia Fund from loss of approximately HKD 4.0 million to gain of approximately HKD 11.2 million; and (iv) the increase in impairment losses of approximately HKD 2.6 million recognised in respect of intangible asset and goodwill held by the Group's asset management business segment.