Synertone Communication Corporation provided group earnings guidance for the year ended March 31, 2022. For the period, the group is expected to record a consolidated loss attributable to owners of the Company of not less than approximately HKD 90 million for the year ended 31 March 2022 as compared to the audited consolidated loss attributable to owners of the Company of approximately HKD 15 million for the year ended 31 March 2021. The significant increase in the loss attributable to owners of the Company recorded is mainly due to, among others, (1) the Group having recognised significant amounts of expected credit loss and write-off in relation to the Group's trade and other receivables, (2) the impairment loss of goodwill for the year ended 31 March 2022, and (3) the prolonged effect of the Covid-19 pandemic.