Kingdom Holdings Limited provided consolidated earnings guidance for the year ending 31 December 2021. For the year, the Group expected to record a net profit of not less than RMB 75 million as compared to a net loss of RMB 11,141,000 for the year ended 31 December 2020. The expected turnaround from net loss to net profit was primarily attributable to the recovery of the global linen yarn market, improved selling price and the contribution of organic flax and hemp fiber during the year ending 31 December 2021.