Tree Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2022. The group is expected to record a decrease in net profit attributable to owners by approximately 64.1% to approximately HKD 5.2 million for the year ended 31 March 2022, as compared with the net profit attributable to owners of approximately HKD 14.6 million for the year ended 31 March 2021. The Board considers that the decline was mainly attributable to the decrease in sales due to the COVID-19 pandemic and absence of the subsidy received under the Employment Support Scheme of the Government of HKSAR for the year ended 31 March 2022.