Cool Link (Holdings) Limited provided earnings guidance for the year ended December 31, 2021. For the year, the group expected to record a loss of not less than SGD 1.1 million, as compared with the loss of approximately SGD 0.3 million for the year ended December 31, 2020. Based on the information available to the Company, the Board considers that the increase in loss during the Current Year was mainly attributable to increase in total selling and administrative expenses of not less than 30%.