China Kangda Food Company Limited provided earnings guidance for the six months ended June 30, 2021. Based on a preliminary review of the unaudited management accounts of the Group for the six months ended 30 June 2021 and information currently available, it is expected the Group will record a net loss attributable to the shareholders of the Company of approximately RMB 39.8 million for the six months ended 30 June 2021 (six months ended 30 June 2020: net loss of approximately RMB 1.6 million). The main reasons for the increase in net loss was mainly attributable to the decrease in gross profit due to the increase in the price of raw materials of animal feed ingredients and the recognition of loss on disposal of under-utilised or obsolete property, plant and equipment.