Pou Sheng International (Holdings) Limited provided earnings guidance for the quarter ended March 31, 2021. For the quarter, the Group is expected to record an unaudited consolidated net profit of approximately RMB 367.2 million for the Period while there was an unaudited consolidated net loss of approximately RMB 166.5 million for the corresponding period in 2020. The expected turnaround from loss to profit was mainly due to a quick rebound of the sportswear and sports consumption markets of the People's Republic of China after the fading of the novel coronavirus (COVID-19) pandemic.