Asia Standard Hotel Group Limited provided earnings guidance for the year ended March 31, 2022. For the year, the company's group is expected to record a loss attributable to Shareholders of approximately HKD 700 million to HKD 800 million compared to a profit attributable to Shareholders of HKD 622 million for the corresponding period of last year. Such loss is primarily attributable to a net investment loss (2021: net investment gain) comprising a net unrealised loss resulting from drop in market prices and a significant increase in expected credit loss on financial investments for the year.