Cinda International Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2022. For the period, the group is expected to record a consolidated loss after tax attributable to equity holders of the Company for the year ended 31 December 2022 of between HKD 19 million and HKD 25 million as compared with a consolidated profit after tax of HKD 57.79 million for the year ended 31 December 2021. Such decrease is mainly due to (i) the significant decrease in the share of profits from associated companies resulting from the fair value losses on the financial assets they held; (ii) decrease in the revenue as affected by the unsatisfactory performance of the local stock market; (iii) losses on disposal of certain debt instruments held by the Company; and (iv) unrealized net loss on foreign exchange due to the temporary adverse movement of Renminbi against Hong Kong dollars as at the financial year end.