China Ever Grand Financial Leasing Group Co., Ltd. provided group earnings guidance for the year ended 31 December 2022. The board of directors of the company informed the shareholders of the Company and potential investors that, based on its preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2022, it is expected to record a profit of approximately HKD 44 million for the year ended 31 December 2022 as compared to a loss of approximately HKD 63 million for the year ended 31 December 2021. Such expected increase was mainly attributable to (i) net gain on derecognition of financial assets and financial liabilities at amortised cost; and (ii) the impairment loss recognized on loan receivables.