Star Group Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2021. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2021 and the information currently available to the board of directors (the "Board") of the Company, the Board wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that the Group is expected to record a consolidated net loss of approximately HKD 33 million for the six months ended 30 June 2021 as compared to the consolidated net profit before tax of approximately HKD 293 million for the six months ended 30 June 2020. Such expected loss for the six months ended 30 June 2021 was primarily due to decrease in revenue recognition as there was no completion of property development projects during the six months ended 30 June 2021 as compared to the revenue recognition due to the completion of the very substantial disposal of the sale share of Rainbow Red Holdings Limited, which was an indirectly wholly-owned subsidiary of the Company, and the shareholder's loan for the six months ended 30 June 2020.