Tern Properties Company Limited provided earnings guidance for the six months ended 30 September 2021. For the period, it is expected to record a profit for the Period attributable to owners of the Company of approximately HKD 4 million as compared to a loss of approximately of HKD 59 million for the six months ended 30 September 2020. The turnaround of the Group 's interim results was primarily attributable to a significant decrease in the fair value loss on investment properties of the Group during the Period to approximately HKD 9 million as compared to the fair value loss of approximately HKD 87 million in the Last Period. However, it is also expected that the total comprehensive expense for the Period attributable to owners of the Company may record a significant increase to approximately HKD 44 million as compared to only approximately HKD 7 million in the Last Period, which was primarily attributable to a significant increase in the net loss arising on revaluation of debt instruments at fair value through other comprehensive income to approximately HKD 48 million during the Period as compared to the net gain arising on revaluation of debt instruments at fair value through other comprehensive income of approximately HKD 43 million in the Last Period.