New Silkroad Culturaltainment Limited provided consolidated earnings guidance for the six months ended June 30, 2022. The group for the six months ended 30 June 2022, the Group is expected to record a net loss attributable to owners of the Company of approximately HKD 73 million as compared to approximately HKD 11.8 million for the corresponding period in 2021, mainly due to the impairment loss of the Glorious Hill resort land in Jeju, South Korea. The amount of impairment loss needed to be confirmed by an independent valuer.