United Energy Group Limited provided group earnings guidance for the year ended 31 December 2021. For the year, the company expected to record a substantial increase in net profit not less than 100% for the year ended 31 December 2021 as compared with net profit for the year ended of 2020, mainly due to the relief of COVID-19 pandemic lead to recovery of operations levels; the sharp rebound of international oil price in 2021 compared to 2020 and the Group's Iraqi assets has ramped up its production.