Neo Telemedia Limited provided earnings guidance for the six months ended June 30, 2022. For the six months, the company expected to record a profit attributable to the owners of the Company for the Period of not less than HKD 35 million as compared to a loss attributable to the owners of the Company for the corresponding period in 2021 of approximately HKD 25.2 million, mainly due to the net effect of, among others, the following factors: 1) the gain of approximately HKD 207 million on the disposal of the entire equity interest in an indirect non-wholly-owned subsidiary of the Company completed during the Period; 2) increase in depreciation of approximately HKD 11.5 million and finance cost of approximately HKD 30.4 million during the Period as a result of certain sale and lease arrangements completed in the fourth quarter of 2021; and 3) increase in cost of services provided to certain customers of the Group of approximately HKD 9.4 million due to the increase in electricity consumption during the Period.