Shen You Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2021. The Group is expected to record a net loss of approximately HKD 27.2 million for the year ended 31 December 2021. The net loss has increased by HKD 11.6 million compared to a net loss of HKD 15.6 million for the corresponding period in 2020.

The increase in the net loss was mainly due to one-off impairment loss of goodwill and increase of administrative expenses which included increase of expenses of legal and professional fee and staff cost.