Zhongxin Fruit and Juice Limited provided preliminary unaudited group earnings guidance for the full year ended 30 June 2022. For the period, the group is expected to report a higher revenue and net profit for FY2022 as compared to the financial result for the financial year ended 30 June 2021 (FY2021). This is mainly due to increase in total sales volume and receipt of settlement payment from the ultimate beneficial controlling shareholder of Sanmenxia Tiany Investment Co.

Ltd. in relation to an indemnity claim as disclosed in the Company's announcement dated 15 October 2021 in the first half year of FY2022. The Group is in the process of finalising its financial results for FY2022 and further details of the Group financial results will be disclosed when the Company announces its financial results for FY2022 by 29 August 2022.