LH Group Limited provided consolidated earnings guidance for the six months ended 30 June 2022. For the six months, the company announced that, based on preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022 and assessment of the information currently available, the group is expected to record a decrease of approximately 80% in profit attributable to the Shareholders for the Review Period as compared to that for the six months ended 30 June 2021. The expected decrease in profit attributable to the Shareholders for the six months ended 30 June 2022 was mainly attributable to the outbreak of the fifth wave of COVID-19 (the "Pandemic") in Hong Kong during the Review Period, and implementation of dine-in restrictions and stricter social distancing policies by the Hong Kong Government, which had a negative impact on the Group's operations and business.

A temporary suspension of business of the Group's restaurants and a weak market sentiment in early 2022 due to the Pandemic also led to a drop in the Group's revenue and profits, netted off with the effect of subsidies from the Hong Kong Government recognized during the Review Period.