Le Saunda Holdings Limited announced that based on the latest unaudited consolidated management accounts and other information currently available to the Board, the Board expects the Group may record a consolidated loss attributable to the equity shareholders of the Company of not more than RMB 5,000,000 for the interim period 2021/22, as compared to the consolidated loss attributable to the equity shareholders of the Company of RMB 29,795,000 in the same period of last year. The expected decrease in consolidated loss was mainly attributable to the one-off staff redundancy cost of approximately RMB 37,000,000 incurred in last year as a result of the cessation of the Group's footwear production in its Shunde factory since May 2020.