Da Yu Financial Holdings Limited provided earnings guidance for the year ended 31 December, 2021. For the year, the board of directors of the Company expects the Group to record only a nominal net profit attributable to the shareholders of the Company of approximately HKD 1 million for the year ended 31st December, 2021 as compared to a net profit attributable to the Shareholders of approximately HKD 48.7 million recorded in the year ended 31 December, 2020. The decrease in profit was mainly attributable to (i) a fall in corporate finance advisory income as a result of (a) revenue recognition of certain ongoing advisory transactions subject to completion, and that of a significant advisory transaction subject to conditions; and (b) certain completed transactions of substantial amount recognised in the Corresponding Prior Year not recurring during the Current Reporting Year; (ii) no performance fee recorded in the Current Reporting Year; and (iii) mark-to-market losses in the Group's listed securities holding and additional impairment losses on trade receivables arising mainly from a long outstanding balance with a major client during the Current Reporting Year.