Takbo Group Holdings Limited provided earnings guidance for the year ended 31 December 2021. For the year, the company expects that the unaudited net profit will decrease significantly by approximately a range of 70% to 80% as compared with that of the same period in 2020. Such significant decrease was mainly due to combination effects of (i) the significant reduction in revenue of cosmetic products including hand sanitisers resulting from the keen competition and market condition under COVID-19 pandemic; offset by (ii) decrease in one-off bonus paid to staff who achieved a revenue growth under the economic downturn in 2020; (iii) exchange gain in 2021 compared to huge exchange loss recognised in 2020 due to exchange rate movement of RMB and (iv) decrease in legal and professional fees incurred in 2021.