Nan Nan Resources Enterprise Limited provided consolidated earnings guidance for the six months ended September 30, 2022. For the period, the company expects to record an increase in loss from approximately HKD 29.90 million for the six months ended 30 September 2021 (the "2021 Interim Period") to not less than HKD 240 million for the six months ended 30 September 2022 (the "2022 Interim Period"). The final figures of the loss of the Group for the 2022 Interim Period are subject to adjustments (if any) to be made under applicable accounting principles.

Compared with the 2021 Interim Period, the Group's revenue is expected to decrease by approximately 6.2% from approximately HKD 118.0 million for the 2021 Interim Period to approximately HKD 110.7 million for the 2022 Interim Period, and the Group is expected to experience an increase in gross profit of approximately 38.7% from approximately HKD 43.26 million to not less than HKD 60 million for the 2022 Interim Period.