Modern Healthcare Technology Holdings Limited provided earnings guidance for the year ended March 31, 2021. The Board of Directors of the company announced that the annual results of the group for year ended 31 March 2021 are expected to record an amount of not less than HKD 80 million in profit comparing with the loss of about HKD 32 million for the year ended 31 March 2020. The expected turnaround from loss to profit was primarily due to receipt of subsidy under the Employment Support Scheme of Hong Kong Government, the receipts of subsidy under the Subsidy Scheme for Beauty Parlours of Hong Kong Government, the reduction in rental costs of the Group's shops, and the reduction of staff commission expenses due to the closure of the salons for some periods during the year ended 31 March 2021.