AEON Stores (Hong Kong) Co., Limited provided preliminary unaudited group earnings guidance for the six months ended June 30, 2022. For the period, the group expects to record a loss attributable to shareholders of approximately HKD 160 million to HKD 175 million as compared with the loss attributable to shareholders of HKD 245 million in the corresponding period in 2021. The Board considers that the decrease in loss was mainly due to the following factors: the Group recorded growth in revenue and delivered better business performance; and the total amount of impairment losses recognised in respect of right-of-use assets, property, plant and equipment and goodwill in the period was less than the total amount of impairment losses recognised in the corresponding period in 2021.