Astrum Financial Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the year ended 31 December 2022. For the year, the group expects to record a net loss of not less than HKD 34 million as compared to a net loss of approximately HKD 8.9 million for the year ended 31 December 2021. Such expected increase in net loss for the 2022 Year is mainly attributable to the significant decrease in revenue from approximately HKD 12.9 million for the 2021 Year to approximately HKD 8.7 million for the 2022 Year; the absence of the recognition of fair value gain of the put and repurchase option relating to investment in an associate (2021 Year: approximately HKD 23.8 million); and the recognition of loss on disposal of an associate of approximately HKD 13.4 million as a result of completion of the disposal of 25% of the issued share capital of RS (BVI) Holdings Limited by the Company to RaffAello Holdings Limited (the Vendor); and the buy-back of 233,000,000 shares of the Company by the Company from the Vendor (2021 Year: Nil), which is partially offset by the absence of the recognition of impairment loss on investment in an associate for the 2022 Year (2021 Year: approximately HKD 14.7 million).