Orient Victory Smart urban Services Holding Limited provided preliminary unaudited consolidated group earnings guidance for the six months ended 30 June 2022. For the period, the group expects to record profit for the Period attributable to equity holders of the Company for continuing operations ranging from approximately HKD 2.0 million to approximately HKD 4.0 million, as compared to the loss for the period attributable to the equity holders of the Company for continuing operations of approximately HKD 8.2 million for the six months ended 30 June 2021. Based on the information currently available, the Directors consider that the expected turnaround in profit for the Period attributable to equity holders of the Company for continuing operations was primarily attributable to the increase in segment results of the property management businesses for the Period by HKD 12.5 million as compared to the corresponding period of last year, driven by the recognition of full half year performance of the property management businesses during the Period following the completion of acquisitions of the entire equity interests in Shijiazhuang Dongsheng Property Management Services Company Limited and Kinyoun International Limited in May 2021 and August 2021 respectively.