Y. T. Realty Group Limited provided earnings guidance for the year ended December 31, 2022. For the year, the group expected to record an estimated consolidated loss attributable to its shareholders in the range of approximately HKD 450 million to HKD 490 million as compared to a loss of HKD 121 million recorded in the corresponding period in the preceding year. The estimated loss was due to the impact of the downward trend of the property market in Mainland China and primarily attributable to the decrease in gross profit margin for property development business, impairment of certain property development projects, increase in property development related finance and operating costs recognized during the Year 2022.