CL Group (Holdings) Limited provided consolidated earnings guidance for the year ended 31 March 2022. The Group is expected to record a loss attributable to shareholders of approximately HKD 10 million to HKD 13 million for the year ended 31 March 2022 as compared with profit of approximately HKD 15.2 million for the year ended 31 March 2021. The change from profit to loss is mainly attributed to (i) the impairment loss on financial assets at fair value through other comprehensive income of approximately HKD 9.5 million, (ii) impairment loss on trade receivables amounting approximately $5.1 million and (ii) fair value loss on financial assets at fair value through profit or loss of approximately HKD 23.1 million due to the adverse capital market conditions during the year.