Billion Industrial Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the year ended 31 December 2022. For the year, the group expects that it may record a significant decline in the profit attributable to owners of the Company by approximately not more than 66% as compared to the year ended 31 December 2021. Such decline was primarily attributable to decrease in gross profit margin owing to the combined effect of the decrease in sales unit price and the increase in the cost of sales.