CLP Holdings Limited provided consolidated earnings guidance for the six months ending 30 June 2022. For the period, it is expected that the Group will record a consolidated loss for the six months ending 30 June 2022. The Group's accounting earnings have been adversely affected by the challenging and extreme energy markets conditions in Australia.

Based on the Group's unaudited consolidated management accounts for the five months ended 31 May 2022, the unfavourable fair value loss (after tax) from EnergyAustralia was approximately HKD 7.2 billion which takes the consolidated Operating Earnings of the Group to a loss of approximately HKD 3.7 billion. Outside of Australia, the rest of the Group's business segment earnings for the five months ended 31 May 2022 was broadly in line with the Group's performance for the same period last year.