New Silkroad Culturaltainment Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2022. For the period, the group is expected to record a net loss attributable to owners of the Company of approximately HKD 112.5 million as compared to a net profit of approximately HKD 61.9 million in 2021, primarily attributable to: (i) the non-ordinary impairment loss (the "impairment") of approximately HKD 91.4 million in the Glorious Hill resort land in Jeju, South Korea and; (ii) a decrease in revenue of the Group as less number of apartments were delivered under the Opera Residences in Australia during the Year.