Vitasoy International Holdings Limited provided earnings guidance for the six months ended September 30, 2022. Based on preliminary assessment of information currently available to the Board for the six months ended 30th September 2022 (the "Current Period"), the Group is expected to record a profit attributable to the Shareholders in the range of HKD 140,000,000 to HKD 150,000,000, as compared to a profit attributable to the Shareholders of HKD 32,804,000 for the six months ended 30th September 2021 (the "Prior Period"). The increase is mainly attributable to a significant increase in net profit from the Group's Mainland China business.

The Group's Mainland China business has delivered encouraging revenue growth and achieved solid profitability. Furthermore, the Company received HKD 59,198,000 in COVID-19 related government subsidies primarily in its Hong Kong, China operation for the Current Period, as compared to HKD 4,000,000 in the Prior Period.