Global Mastermind Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects to record a profit attributable to owners of the company for the six months ended 30 June 2021 within a range of approximately HKD 29.50 million to approximately HKD 32.50 million as compared to a loss of HKD 161.34 million for the six months ended 30 June 2020. The turnaround from loss to profit was mainly due to (i) a HKD 65.77 million decrease in provision for expected credit losses on trade receivables; (ii) the recognition of an HKD 0.88 million reversal of provision for expected credit losses on loan receivables, whereas a HKD 37.93 million provision for expected credit losses was recognised in the corresponding period last year; (iii) the recognition of a HKD 31.75 million net realised and unrealised gains on securities investment, whereas a HKD 16.88 million net realised and unrealised losses on securities investment was recognised in the corresponding period last year; and (iv) the recognition of a HKD 6.80 million gain on fair value changes of investment properties, whereas a HKD 26.70 million loss on fair value changes of investment properties was recognised in the corresponding period last year.