Futong Technology Development Holdings Limited provided earnings guidance for the six-month period ended 30 June 2022. It is expected that the loss attributable to Shareholders for the six-month period ended 30 June 2022 may record an increase of more than 60% as compared to that for the six-month period ended 30 June 2021. For the six-month period ended 30 June 2022, despite it is expected that the Group will record an increase in revenue of approximately 50-55% and a decrease in selling, administrative and financial expenses of approximately 5-10% due to the implementation of tight cost control measures, the profit margin ratio decreased from approximately 12% to approximately 5% due to lower selling prices were strategically offered for some projects.