Tai Sang Land Development Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company expects that the Group may record (i) a decrease of approximately 40% in consolidated profit as compared to consolidated profit of HKD 654.4 million for the year 2021, mainly caused by the decrease in fair value gains on investment properties as compared to last year; and (ii) a decrease of approximately 30% in underlying profit for the year ended 31st December 2022 as compared to underlying profit of HKD 53.0 million for the year 2021, mainly caused by the increase in interest expenses of the Group in accordance with the interest rate hike during 2022.