Huaxi Holdings Company Limited provided group earnings guidance for the six months ended 30 June 2022. For the six months, the group is expected to record a net loss attributable to owners of the Company of approximately HKD 7.50 million, as compared to a net profit of approximately HKD 42.50 million for the six months ended 30 June 2021. The expected turnaround from net profit to net loss was mainly attributable to a decrease in revenue from environmental treatment business which was resulted from only a few small projects being commenced during the Period; a decrease of revenue from cigarette packaging materials and an increase in the costs of production accessories; and a fair value loss on financial assets at fair value through profit or loss.