Leoch International Technology Limited Provided Group Earnings Guidance for the Year Ending December 31, 2022. For the year, the group profit attributable to owners of the Company is expected to be more than doubled as compared the year ended 31 December 2021. This is primarily attributable to: there has been an increase in the revenue and the gross profit of the battery business of the Group during the Year; and the distribution costs in the business operations of the Group (including shipping rates for containers and delivery charges, distribution expenses and other supply chain costs and expenses), which had previously increased considerably due to the impact of the COVID-19 pandemic around the world, gradually resuming to normal in the second half of the Year.