Capital Finance Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the nine months ended September 30, 2022. For the period, the group expects to record a decrease in loss attributable to owners of the Company by approximately 67% as compared to the loss attributable to owners of the Company of approximately HKD 21.2 million for the nine months ended September 30, 2021. The Board considers that the expected decrease in loss was mainly attributable to the following factors: a charge of loss allowance for expected credit losses (ECLs) on loans to customers (net of corresponding deferred tax impacts) of approximately HKD 3.7 million for the Period while a reversal of loss allowance for ECLs on loans to customers (net of corresponding deferred tax impacts) of approximately HKD 8.1 million for the nine months ended 30 September 2021 mainly due to the resurgence of COVID-19 pandemic since early 2022 which has brought an adverse impact on the financial condition of certain customers of the Group, resulting in a deterioration of the customers' aging; an increase in fair value loss on financial assets at fair value through profit or loss for the Period by approximately HKD 8.1 million as compared to that for the nine months ended 30 September 2021 due to an unrealised loss recognised from the listed equity investment; there was a one-off gain on extinguishment of bond payables and liability component of convertible bonds in the amount of approximately HKD 26.9 million recorded for the Period whereas no such gain was recognised for the nine months ended 30 September 2021; and a decrease in finance costs for the Period by approximately HKD 10.1 million as compared to that for the nine months ended 30 September 2021 as a result of partial redemptions of convertible bonds made by the Group during the year ended 31 December 2021 and the Period.