AGTech Holdings Limited provided earnings guidance for the three months ended March 31, 2021. For the period the company expected that the loss for the three months ended 31 March 2021 will decrease by around 38% to 45% from approximately HKD 64.6 million as recorded for the three months ended 31 March 2020. The expected decrease in the loss as mentioned above was primarily attributable to the combination of factors including: businesses of the Group have been gradually rebounding from the impact of the COVID-19 pandemic since the second half of 2020 through 2021 first quarter, resulting in an increase in revenue by not less than 50% in 2021 first quarter as compared with that for 2020 first quarter.