Apex Ace Holding Limited provided earnings guidance for the year ended December 31, 2021. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and the information currently available to the Board, the Group is expected to record a net profit attributable to shareholders of the Company for the Current Year within a range of HKD 4.0 million to HKD 6.0 million as compared to the net loss attributable to Shareholders of approximately HKD 5.1 million for the year ended 31 December 2020 (the "Previous Year"). The expected increase in net profit was primarily attributable to (i) an increase of the sales revenue of the Group to approximately HKD 2,673.3 million (as compared to the sales revenue of approximately HKD 1,756.0 million for the Previous Year) mainly due to an increase in the sales from both existing and new customers; and (ii) increase in both average selling price and profit margin of the products sold by the Group during the Period as compared to the Previous Year as a result of the current global shortage of electronic products.