V2Y Corporation Ltd. announced that, following a preliminary review of the unaudited consolidated financial results of the Group for the six months ended 30 June 2021, the Group is expected to report a net loss for first half 2021. The ongoing COVID-19 pandemic continues to impact the operations of the Company. Due to business uncertainty during the pandemic period, there was a slowdown in both renewal of contracts by existing customers and in signing of contracts with new customers in relation to the Company's Insurtech business, resulting in lower revenue from the Company's Insurtech business in first half 2021.