Gemdale Properties and Investment Corporation Limited provided earnings guidance for the year ended 31 December 2022. The company expected that the Group may record the profit attributable to the owners of the Company ranging from approximately RMB 2.1 billion to RMB 2.5 billion for the year ended 31 December 2022, as compared to the profit attributable to the owners of the Company of approximately RMB 4.014 billion for the year ended 31 December 2021.