PPS International (Holdings) Limited provided earnings guidance for the year ended June 30, 2021. For the year, the company expected net profit between HKD 18 million and HKD 20 million attributable to the owners of the Company will be recorded as compared to the net loss of approximately HKD 36.7 million attributable to the owners of the Company for the year ended June 30, 2020. The significant improvement in the consolidated financial performance of the 2021 Annual Results is primarily due to the receipt of one-off subsidies of approximately HKD 24.5 million from the Employment Support Scheme under the Antiepidemic Fund granted by the government of the Hong Kong Special Administrative Region during the year ended 30 June 2021; decrease in the impairment allowance for the loan and interest receivables by approximately HKD 28.2 million under the Group's money lending business for the year ended June 30, 2021; and recognition of revaluation gain of approximately HKD 3.3 million (2020: revaluation loss of approximately HKD 13.2 million) on the Group's self-owned properties in Hong Kong for the year ended June 30, 2021.