PanAsialum Holdings Company Limited provided earnings guidance for the six months ended 30 June 2022. The board of directors of the company expected to record a net profit of approximately HKD 0.55 million for the six months ended 30 June 2022 as compared to a net loss of approximately HKD 85.39 million for the six months ended 30 June 2021. The turnaround from net loss to net profit for the six months ended 30 June 2022 was primarily attributable to (i) an increase in gross profit margin for the six months ended 30 June 2022; and (ii) the Company's continuous implementation of effective stringent cost control measures during the six months ended 30 June 2022.