Wah Ha Realty Company Limited provided earnings guidance for the year ended 31 March 2021. For the year, the Group is expected to record a profit of about HKD 3 million for the year 2021 as compared to a loss of HKD 49 million for the year ended 31 March 2020. The turn-around from loss to profit was primarily due to (i) a considerable reduction in the aggregate fair value losses arising from revaluations of the investment properties of the Group and its associated companies as compared to that for the year 2020 and (ii) an exchange gain arising from the appreciation of Renminbi for the year 2021 as compared to an exchange loss for the year 2020, not withstanding that there were declines in rental income and interest income as well as the absence of realized profit from the sale of properties for the YR 2021.