Kin Shing Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2022. For the year, the company expects to record a consolidated net loss of approximately HKD 13.0 million, as compared to the consolidated net profit of approximately HKD 2.6 million for the year ended 31 March 2021. Such change from profit to loss was mainly attributable to the absence of the government grants of subsidies recorded of approximately HKD 21.7 million for the year ended 31 March 2021 in relation to Employment Support Scheme provided by the Hong Kong Government.

However, apart from such government grants, the unaudited consolidated net loss for the year ended 31 March 2022 was diminished as compared to the corresponding year in 2021.