Huaxi Holdings Company Limited provided earnings guidance for the year ended December 31, 2022. For the period, the company expected to record a decrease in consolidated revenue of approximately 50% as compared to the year ended 31 December 2021 and a loss attributable to the owners of the Company around HKD 54 million for the year ended 31 December 2022 as compared to profit attributable to owners of the Company of approximately HKD 37 million for the year ended 31 December 2021.