Timeless Software Limited provided earnings guidance for the year ended March 31, 2021. For the year, the company is expected to record a profit after tax of not less than HKD 45 million for the Reporting Period as compared to the loss after tax of HKD 111 million for the year ended 31 March 2020. The increase in the profit after tax was mainly attributable to the combined effects of increase in revenue from the Mining Business by approximately 67% due to increase in volume and average selling prices of high-grade nickel-copper ores and nickel concentrates sold; and reduction in impairment losses.