The board of directors Henderson Investment Limited announced that, according to its preliminary assessment based on the Group's unaudited consolidated management accounts for the year ended 31 December 2022, the Group expects to record a decrease in the Group's profit attributable to equity shareholders of the Company for the year ended 31 December 2022 of around 85%, as compared with the year 2021. The decrease in profit is mainly attributable to (i) the adverse effect of the COVID-19 pandemic on the Group's operations; (ii) the lower sales from APITA at Taikoo Shing due to its phased renovations; and (iii) the operating loss of UNY Tseung Kwan O newly opened in November 2021 due to the re-alignment of sales mix in its first year of operations.