Capital Finance Holdings Limited provided earnings guidance for the year ended 31 December 2021. For the year, the Group is expected to record a decrease in loss attributable to owners of the Company for the Year by approximately 75% as compared to the loss attributable to owners of the Company of approximately HKD 76.0 million for the year ended 31 December 2020. The Board considers that the expected decrease in loss was mainly attributable to the following factors: an increase in total revenue by approximately HKD 3.8 million for the Year as compared to that for the year ended 31 December 2020; a reversal of loss allowance for expected credit losses ("ECLs") on loans to customers (net of corresponding deferred tax impacts) of approximately HKD 18.4 million was recorded for the Year while a charge of loss allowance for ECLs on loans to customers (net of corresponding deferred tax impacts) of approximately HKD 24.4 million was recorded for the year ended 31 December 2020 mainly due to the improvement on the customers' ageing after the containment of COVID-19 pandemic in the People's Republic of China; and a decrease in finance costs for the Year by approximately HKD 9.6 million as compared to that for the year ended 31 December 2020 as a result of partial redemptions of convertible bonds and redemptions of promissory note made by the Group during the year ended 31 December 2020 and the Year.