Cornerstone Financial Holdings Limited provided earnings guidance for the six months ended 30 June 2022. Based on the preliminary 30 June 2022 (the "2022 Interim Period") and other information currently available to the Company, it is expected that the Group will record a net loss of approximately HKD 17.0 million for the 2022 Interim Period as compared to a net loss of approximately HKD 5.9 million for the corresponding period last year. Based on the information currently available, the expected increase in the Group's loss attributable to owners of the Company for the 2022 Interim Period is mainly attributed to (i) a decrease in revenue of the Group due mainly to continuing negative impact caused by the COVID-19 pandemic in Hong Kong as well a general reduction in the stock trading volume during the 2022 Interim Period; and (ii) an increase in administrative expenses of the Group for the 2022 Interim Period, particularly staff costs and professional service fees incurred to meet with business development needs of the Group.