Global Bio-chem Technology Group Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2022. For the year, the company's revenue decreased by approximately 50.1% to approximately HKD 372.3 million as compared with the revenue of HKD 746.6 million for the year ended 31 December 2021. The net loss of the group for the year has also increased significantly by over 200% as compared with the net loss of approximately HKD 435.4 million recorded for the year ended 31 December 2021.