Golden Eagle Retail Group Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2021. The board of directors of the Company informed the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2021 (the "Period") and other information available to the Board, it is expected that the profit for the Period would increase by not less than 100% as compared with that of the corresponding period in 2020. The expected increase in profit is primarily attributable to (i) a higher growth in the Group's profit generated from retail operations amid continued recovery of the economy and the retail consumption in Mainland China as the COVID-19 pandemic subsided; (ii) a gain in net foreign exchange was recorded; and (iii) the Group shares the profits generated by its associates during the Period.