China SCE Group Holdings Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the Group is expected to record a profit attributable to owners of the parent ranging from approximately RMB 1.2 billion to RMB 1.3 billion for the six months ended 30 June 2022, as compared to profit attributable to owners of the parent of approximately RMB 2.377 billion for the six months ended 30 June 2021. Such expected decrease is primarily attributable to the decrease in the area of properties delivered during the period as a result of delay in construction progress of projects during the COVID-19 lockdown in certain cities in Mainland China and the decrease in gross profit margin as a result of the decline in unit selling prices of properties delivered during the period due to the downturn in the property market.