Golik Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2022. For the year, the company expected to record an unaudited consolidated profit attributable to the Shareholders of not less than HKD 36 million as compared to the unaudited consolidated profit attributable to the Shareholders of approximately HKD 78 million for the same period in 2021. The Board believes that the aforementioned expected decrease in business performance of the Group was mainly attributable to the new wave of Covid-19 outbroken in the Mainland China since February of 2022, strict quarantine measures and lockdown restrictions had been implemented in certain zones which caused intermittent disruptions to manufacturing activities and business supply chain overall, certain business operations of the Group and related business associates there had also been affected which resulted in less sales deliveries and higher operating cost to the Group particularly in the Group's Metal Products segment.