hmvod Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2021. For the year, it is expected to record a consolidated profit of not greater than HKD 4 million for the year ended 31 March 2021 as compared to the corresponding period in 2020 of a loss of approximately HKD 40 million. The Group's result for the year ended 31 March 2021 have affected by, among other factors, the followings: (i) increased in number of users (especially from the bundling of China Mobile's 5G data plan) thus resulted in an increase in revenue of the Company; (ii) increased approximately 50% in OTT view rate and thus user loyalty as compared to the corresponding period in 2020 as a result of COVID-19 that lead to more people looking for home entertainment; (iii) decreased in subcontractor costs and selling expenses as a result of effective cost control; and (iv) increased in subsidies under the Government's Anti-epidemic Fund.