EVA Precision Industrial Holdings Limited provided unaudited group earnings guidance for the six months ended 30 June 2022. For the period, the group expects to record a profit of approximately HKD 90 million to HKD 102 million, as compared to a profit for the six months ended 30 June 2021 of approximately HKD 68 million, representing a year- on-year increase between 33% and 50%. The expected increase in profit is mainly due to the following: increase in segmental turnover of both the Group's office automation equipment and automotive components sectors as compared to the corresponding period in 2021, despite the adverse impact of the COVID-19 outbreak in local regions in China and the global chip shortage during the first half of 2022; effective cost control strategies implemented by the Group to contain selling and administrative expenses; and the synergy achieved by acquisition of Shenzhen EVA Technology Intelligent Manufacturing Co.

Ltd. (formerly known as Futaba Metal Products (Shenzhen) Co. Ltd.) since April 2021.