Zhongchang International Holdings Group Limited provided earnings guidance for the year ended 31 December 2022. The Group expects to record a consolidated net loss after taxation for the fiscal 2022 of not less than approximately HKD 60.0 million, as compared to the reported consolidated profit after taxation for year ended 31 December 2021 of approximately HKD 246.3 million. Such decline in the Group's results is primarily due to the absence of the net gain from the one-off and non-recurring gain on disposal of 100% equity interest in Shanghai Yuexin Enterprise Management Consultancy Co.

Ltd. during fiscal 2021.