Fu Shek Financial Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2022. Based on the information currently available to the Company and the preliminary review by the Board of the unaudited consolidated management accounts of the Group for the year ended 31 March 2022, the Group is expected to record a net profit for the year ended 31 March 2022 of not less than HKD 12 million as compared to a net profit of approximately HKD 10.7 million for the year ended 31 March 2021. The Board considered that the increase in net profit of the Group was mainly attributable to: increase in interest income from margin financing services; (ii) decrease in impairment loss for accounts receivable under the expected credit loss model; and (iii) decrease in other operating expenses and finance costs while offsetting the decrease in commission and brokerage income of securities dealing as compared to that for the year ended 31 March 2021.