Success Universe Group Limited provided group earnings guidance for the six months ended June 30, 2022. The board of directors of the company inform the shareholders of the company and potential investors that based on the draft unaudited consolidated management accounts of the Group for the six months ended 30 June 2022, the Group is expected to record an increase of around 1 to 1.5 times in the unaudited consolidated loss for the six months ended 30 June 2022 as compared with an unaudited consolidated loss of approximately HKD 52.8 million for the last corresponding period. Notwithstanding a decrease in the Group's share of loss of the associates relating to Ponte 16, the investment project of the Group, the increase in the unaudited consolidated loss of the Group for the six months ended 30 June 2022 was mainly attributable to a substantial increase in the unrealized fair value loss on the Group's overseas listed equity securities.

The unrealized fair value loss is a non-cash item and will not affect the cash flows of the Group.