China Travel International Investment Hong Kong Limited provided earnings guidance for the six months ended 30 June 2022. For the period, it is expected to record a loss attributable to shareholders of more than HKD 250 million in the Group's unaudited consolidated results for the six
months ended 30 June 2022, as compared with the profit attributable to shareholders of HKD 5.22 million for the six months ended 30 June 2021. The Board considers that the turnaround from profit to loss for the six months ended 30 June 2022 is mainly attributable to (i) a non-recurring gain of approximately HKD 216 million from the completion of disposal of travel business was recorded for the six months ended 30 June 2021; and (ii) the outbreak of the fifth wave of the COVID-19 pandemic since January 2022, which negatively impacted the financial performance of the Group's business.