Man Yue Technology Holdings Limited provided earning guidance for the Fiscal Year 2021. The board of directors of the Company informed the shareholders of the Company and the potential investors that, based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021, the Group is expected to record a net profit attributable to the Shareholders of not less than HKD 70 million for FY2021, as compared with that of approximately HKD 24 million for the year ended 31 December 2020. The Board considers that the significant increase in the Group's net profit for FY2021 is mainly attributable to a robust growth in revenue by approximately 30%, as compared with FY2020, which was driven by the strong market demand for electronic components during the year.