Universe Entertainment and Culture Group Company Limited provided earnings guidance for the Year Ended December 31, 2021. For the period, the group expected the revenue will decrease significantly from approximately HKD 237.2 million for the six months period ended 31 December 2020 to approximately HKD 40 million ­ HKD50 million during the Period and to record a loss for the Period ranging from approximately HKD 25.0 million to approximately HKD35.0 million against a profit of approximately HKD47.8 million for the Last Period.