China Geothermal Industry Development Group Limited provided unaudited consolidated earnings guidance for the three months ended 31 March 2022. For the year, the company excepted that the net loss for the Period will reduce by approximately 30% to 40% from HKD 23,359,000 as recorded for the corresponding period last year. The reduction in net loss for the Period was primarily due to the implementation of cost control measures resulting in decrease of operating expenses for the Period.