Yuk Wing Group Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2021. The board of directors of the company inform the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group, the Group expected to record a consolidated net loss for the six months ended 30 September 2021 of not less than HKD 0.5 million, as compared to consolidated net profit of the six months ended 30 September 2020 of approximately HKD 7.3 million. Such decrease was primarily attributable to the decrease in gross profit and gross profit margins as a result of the decrease in selling price of the Group's products due to keen competition in the Hong Kong market, and the appreciation in Renminbi as a majority of the Group's purchases are made in Renminbi.