China Asia Valley Group Limited provided earnings guidance for the year ended 31 December 2022. For the period, the company expected that Group may record a loss attributable to owners of the Company for the Year of approximately HKD 47.0 million, representing a significant increase of approximately HKD 46.7 million as compared to a loss attributable to owners of the Company of approximately HKD 330,000 for the year ended 31 December 2021.