Cocoon Holdings Limited provided group earnings guidance for the six months ended 30 June 2022. Based on the preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2022 and information currently available to the Board, the Group is expected to record a net loss ranging from HKD 33.0 million to HKD 35.0 million for the Reporting Period as compared to the net loss of approximately HKD 3.0 million for the six months ended 30 June 2021. Such increase in unaudited consolidated net loss for the Reporting Period was primarily attributable to the significant increase in unrealised loss on listed investments due to the uncertain macro-economic environment.