Keen Ocean International Holding Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2022. For the period it is expected that the Group would record a net profit of approximately HKD 4,700,000, as compared to the net profit of approximately HKD 7,400,000 for the six months ended 30 June 2021. Based on the information currently available, the Board is of the view that the expected
decreased in net profit was mainly attributable to the increase in cost of sales mainly due to the increase in the cost of materials.