Huanxi Media Group Limited provided earnings guidance for the six months ended 30 June 2021. For the period, the Group expects to record revenue more than HKD 150,000,000 (revenue of approximately HKD 492,000,000 was recorded for the six months ended 30 June 2020) and loss less than HKD 100,000,000 for the six months ended 30 June 2021 (profit of approximately HKD 20,000,000 was recorded for the six months ended 30 June 2020). Based on the latest information available to the Board, loss for the six months ended 30 June 2021 was mainly attributable to the fact that blockbusters invested by the Group were delayed to make debut on cinema screens due to the impact of the Coronavirus Disease 2019 pandemic, and the box office revenue was also affected by the implementation of prevention and control measures, leading to a decrease in the Group's revenue for the period. In addition, the Group continued to optimise and update the contents of the online video platform and increased the production and purchase of film rights, which resulted in an increase in amortised expenses of film rights. However, through the above initiatives, the number of downloads and fee-paying subscribers of "huanxi.com" keep growing, thus achieving the development target of the Group.