ChasWood Resources Holdings Ltd. provided earning guidance for the half year ended 30 June 2021. The Group is expected to report a profit after taxation for first half of 2021 as compared to a loss after taxation for the half year results ended 30 June 2020. The profit after taxation for first half of 2021 mainly arose from development fee income (which was announced on 1 June 2021) offset partially by higher administrative expenses due to accrual of the Group's restructuring expenses.