Hands Form Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expected to record an unaudited net loss within the range of approximately HKD 8.0 million to HKD 11.0 million for the six months ended 30 June 2021 as compared to a net profit of approximately HKD 11.0 million for the six months ended 30 June 2020. The Board is of the view that such expected net loss was mainly attributable to the aggregate effect of the following: (a) decrease in revenue due to competitive project pricing arising from intense market competition and substantial completion of the projects on hand during the Period; and (b) decrease in gross profit recorded from a project under taken by the Group at Tseung Kwan O during the Period due to unexpected additional subcontracting costs incurred to deal with unexpected changes to the on-site arrangements.