Grand Field Group Holdings Limited provided that the Group is expected to record a consolidated net profit attributable to owners of the Company of approximately HKD 7.1 million for the six months ended 30 June 2021, representing a turnaround improvement as compared to a consolidated net loss attributable to owners of the Company of approximately HKD 19.6 million for the corresponding period of last year. The Board considers that the Group's expected turnaround performance as above-mentioned is primarily attributable to the recognition of revenue from the sale of residential units of the Group's real estate project in Shenzhen namely "Shenzhen Zongke Mix Park Project" (the "Project") during the six months ended 30 June 2021 while there was no sales revenue generated from the Project in the corresponding period of last year.