Capital Estate Limited provides earnings guidance for the year ended 31 July 2022. The Group is expected to record a loss attributable to owners of the Company of not less than HKD 80.0 million for the year ended 31 July 2022, compared to a loss attributable to owners of the Company of HKD 34.1 million for the year ended 31 July 2021. Loss for the year ended 31 July 2022 was mainly attributable to the fair value loss of the Group's financial investment portfolio of over HKD 45.0 million (2021: HKD 31.9 million) and decrease in interest income from such investments by over HKD 16.0 million.

The increase in loss during the year was also attributable to drop in revenue from properties sales by over 49%.