Man Yue Technology Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2022. For the year, the company expects the net profit attributable to the Shareholders is to decrease by approximately 45% when compared with that of approximately HKD 76.5 million for the year ended 31 December 2021. The Board considers that the expected decrease in the net profit attributable to the Shareholders is mainly attributable to (i) the decline in revenue due to the continuous negative impact of the novel coronavirus pandemic on the overall economic environment; and (ii) the increase in finance costs caused by aggressive interest rate hikes during financial year 2022.