Genes Tech Group Holdings Company Limited provides earnings guidance for the year ended 31 December 2022. The Group is expected to record a net loss attributable to the Shareholders of not less than TWD 75 million for the year ended 31 December 2022, as compared to a net profit attributable to the Shareholders of approximately TWD 79.4 million for the corresponding period in 2021 (the ``Corresponding Year''). The expected decrease in the net profit of the Group resulting in a loss is primarily attributable to the loss of inventories of the Group due to the fire incident occurred on 18 December 2022 at a premises adjacent to a warehouse of the Group, where the warehouse is a premises located offsite from the headquarter building of the Group and is principally used by the Group to store aged and less commonly used inventory.