Cool Link (Holdings) Limited provided consolidated earnings guidance for the year ended 31 December 2022. For the year, Group expected to record a net loss of not less than SGD 8.5 million as compared with the net loss of SGD 1.2 million of the same period in 2021 due to i) the absence of one-off gain on sales of investment property of approximately SGD 1.1 million; recognition of impairment losses on goodwill, intangible assets and interests in associate; and increase in selling and administrative expenses.