Sanbase Corporation Limited announced unaudited consolidated earnings guidance for the nine months ended 31 December 2021. For the period, the group is expected to record a substantial decrease in the net profit of approximately 49.0% for the Relevant Period as compared with the nine months ended 31 December 2020. The substantial decrease in the net profit anticipated was mainly attributable to the combined effects of the prolonged adverse impact on the economy of Hong Kong brought by the constant spread of COVID-19 worldwide, in which certain project owners and/or customers have suffered tight cashflow, leading to postponement and/or slowdown in certain projects; and the Group did not receive any government subsidies under the Employment Support Scheme from the Government's Anti-epidemic Fund established by the Hong Kong Government during the Relevant Period as Previous Period: approximately HKD 3.7 million.