Daisho Microline Holdings Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2021. For the period, the Group is expected to record a substantial loss attributable to owner of the Company of an amount not more than HKD 70 million, as compared to a net loss attributable to owners of the Company of approximately HKD 87 million for the preceding year ended 31 March 2020. The Board considers that the loss for the Year is mainly attributable to the significant expenses items including; one-off impairment loss on property, plant and equipment in respect of two vessels which were classified as assets held for sale; depreciation of property, plant and equipment; interest expenses on convertible bonds and interest-bearing borrowings; and loss on early redemption of promissory note.