Reliance Global Holdings Limited provided earnings guidance for the six months ended September 30, 2021. The Board of Directors Reliance Global Holdings Limited informed the shareholders of the company (the "Shareholders") and potential investors that based on a preliminary review of the unaudited management accounts of the Group for the six months ended 30 September 2021 ("HY2021"), the Group expects to record a decrease in profit attributable to owners of the company for the six months ended 30 September 2021 to approximately HKD 8.5 million as compared to the profit attributable to owners of the Company for the six months ended 30 September 2020 ("HY2020") of approximately HKD 21.1 million. The decrease in profit attributable to owners of the Company is mainly due to (i) the decrease in profit generated by the Group's timber supply chain operation primarily owing to the decline in its revenue and the general rise in transportation and freight costs; (ii) the decrease in profit generated by the Group's money lending operation primarily owing to the increase in impairment loss on loan receivables; and (iii) the increases in the Group's administrative expenses and finance costs.