Shanghai Conant Optical Co., Ltd. provides earnings guidance for the year ended 31 December 2022. The Group is expected to record an increase of no less than 30% in net profit attributable to shareholders for the year ended 31 December 2022, as compared to that for the year ended 31 December 2021. The increase was mainly attributable to (i) an increase in revenue as a result of an increase in the sale volume of resin spectacle lens; (ii) an increase in exchange gain arising from the appreciation of U.S. dollar against Renminbi; and (iii) a decrease in finance costs due to the repayment of interest-bearing bank borrowings and the reduction in the interest rates of bank borrowing.