Xin Yuan Enterprises Group Limited provides earnings guidance for the six months ended 30 June 2022. The Group is expected to record an increase in unaudited net profit by more than 150% for the six months ended 30 June 2022 (the ``Reporting Period'') based on the preliminary assessment of the unaudited management accounts of the Group. The Board considers that the increase in unaudited net profit for the Reporting Period was primarily attributable to the increase in revenue generated from the asphalt tanker chartering business segment due to improved market conditions and the increase in income from the time charter contracts under the bulk carrier chartering business segment.