ITE (Holdings) Limited provided earnings guidance for the three months ended 30 June 2022. The board (the "Board") of directors (the "Director") of the Company to inform the shareholders of the Company (the "Shareholders") and the potential investors of the Company that, based on the preliminary assessment of the latest management accounts of the Group and all information currently available to the Board, the Group is expected to record (i) a decrease in revenue by approximately 63% to HKD 4 million for the three months ended 30 June 2022 (the "Period"), as compared with the revenue of approximately HKD 11 million for the corresponding period in 2021; and (ii) a decrease in profit attributable to owners of the Company by approximately 74% to HKD 0.6 million for the Period, as compared with that of approximately HKD 2.5 million for the corresponding period in 2021.