Union Steel Holdings Limited provided earnings guidance for the financial year ended June 30, 2021. For the year, the Group is expected to report a significant increase in net profit for financial year 2021 as compared to the financial year ended 30 June 2020. The expected net profit is mainly attributable to the improved performance in metal business and the strong turnaround in marine deck equipment business. These operational improvements have been very encouraging as they were achieved despite the continual disruption caused by the COVID-19 Pandemic.