Asia Cement (China) Holdings Corporation provided group earnings guidance for the year ended 31 December 2022. For the year, the company expected that the unaudited profit attributable to equity holders will decrease by approximately 75% as compared with that of the same period in 2021. The Board considers that the above expected decrease was primarily due to the sales volume and selling price of the Group's products declined and the increase in coal cost compared with that of the corresponding period of the previous year.