Da Ming International Holdings Limited provided group earnings guidance for the year ending 31 December 2022. For the year, the Group is expected to record a net loss as compared with a net profit for the year ended 31 December 2021. The expected net loss is mainly due to the following factors: the adverse impact of the COVID-19 pandemic during the period causing a decrease in the Group's production efficiency; and the decrease in the market price of steel materials during the period.