Aspen (Group) Holdings Limited provided earnings guidance for the half year Ended June 30, 2021. Based on its preliminary review and assessment of the information currently available to the Board, including the unaudited consolidated financial statements of the Group for the period ended 30 June 2021, the Group is expected to report a consolidated net loss for HY2021. The expected loss for HY2021 is mainly attributed to the Company's Healthcare sector. The Company's subsidiary, Aspen Glove Sdn. Bhd. has met all of its milestones and commenced the commercial production of gloves under Phase 1(a) on 10 May 2021. As such, revenue from AGSB's operation was recognized when the first shipment of gloves was shipped out on 29 May 2021. However, AGSB had incurred significant pre-operating expenses for HY2021 since January 2021. Hence, AGSB is loss-making for HY2021 as it only recorded one month of revenue. In view that AGSB has started to record revenue from end-May 2021 onwards, the Group expects better results for the second half of 2021 from the Company's Healthcare sector.