RaffAello-Astrum Financial Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the three months ended March 31, 2022. For the period, the group expects to record a net loss of approximately HKD 19.8 million for the Current Period, as compared to that of approximately HKD 4.1 million for the three months ended 31 March 2021. Such expected increase in net loss for the Current Period is mainly attributable to the significant decrease in revenue from approximately HKD 4.4 million for the Corresponding Period to approximately HKD 1.9 million for the Current Period; and the recognition of fair value loss of the put and repurchase option relating to investment in an associate held by the Group as at 31 March 2022 of approximately HKD 12.7 million (Corresponding Period: Nil).