UC Asset, LP provided earnings guidance for fiscal year 2021. The company is expected to report better profit results for both its fiscal years of 2021 and 2020, after the Company switched its accounting method from fair market value accounting to historical cost accounting. Particularly, the company is expected to report an operating profit increase of 73% in fiscal year 2021 over fiscal year 2020.

During the same period, the company is expected to report a net income increase of 330%. For fiscal year 2021, the company is expected to report an operating profit of $1.41 million, representing an increase of 73% from its operating profit of $0.82 million in the previous year. Net profit for fiscal year 2021 is expected to be reported at $671,000, representing a 330% increase from its net income of $174,000 in 2020.