Termbray Industries International (Holdings) Limited Provided group earnings guidance for the ended 31 December 2021. For the year, the company announced that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and the information currently available to the Board, the profit before tax for the year ended 31 December 2021 is expected to be not less than approximately HKD 20 million as compared to the profit before tax for the nine-month period ended 31 December 2020 of approximately HKD 46 million. The decrease in profit before tax of the Group is due to the aggregate effects of one-off effect from the bargain purchase and related expenses arising from the acquisition of aEasy Credit Investment Limited together with its subsidiaries in 2020; and the recognition of fair value losses on investment properties.