Boer Power Holdings Limited provided earnings guidance for the six months ended June 30, 2022. For the period, the group expected to record a decrease in net profit by approximately 80% for the Period as compared with the corresponding period in 2021. This was mainly due to the absence of the one-off gain on disposal of certain subsidiaries (six months ended 30 June 2021: RMB 94.0 million) recorded by the Group during the Period.

Excluding the effect of the one-off gain on disposal of subsidiaries and the reversal of deferred tax assets, the Group recorded an increase in net profit for the Period as compared with the corresponding period in 2021.