Transtech Optelecom Science Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the period, the group is expected to incur consolidated net loss within the range of approximately HKD 3.5 million to HKD 3.8 million for the Current Period compared to the consolidated net profit of approximately HKD 2.6 million for the six months ended June 30, 2021. Based on the information currently available, the Directors are of the preliminary view that the expected consolidated net loss of the Group may be attributable to the net effects of the following factors: reversal of loss allowance for trade receivables under the Expected Credit Loss model; and increase of foreign exchange loss resulting from the fluctuation of exchange rates among Renminbi, Thai Baht, United States Dollar and Hong Kong Dollar.