Green Economy Development Limited provided loss guidance for year ended 31 March 2022. For the year the company expected to record an unaudited consolidated net loss attributable to owners of the Company of approximately HKD 2.1 million compared to an audited consolidated net profit attributable to owners of the Company of approximately HKD 7.2 million for the year ended 31 March 2021. The Board considers that such increase in loss/decrease in profit of approximately HKD 9.3 million was mainly attributable to the increase in finance cost of approximately HKD 21.6 million, which was partly offset by the decrease in selling expenses of approximately HKD 13.9 million.