Wharf (Holdings) Limited provided group earnings guidance for the six months ended June 30, 2022. Based on the management information currently available to the company and an assessment of the latest unaudited management accounts of the Group, the Board of Directors of the company announced shareholders and investors of the preliminary estimation that the group's profit attributable to equity shareholders for the six months ended 30 June 2022 is anticipated to decline by close to 100%, as compared to a profit of HKD 1,038 million for the corresponding period in 2021, due mainly to unrealised deficits on revaluation of the Group's investment and development properties.