King's Flair International (Holdings) Limited provided earnings guidance for the year ended 31 December 2022. The Group expects to record a decrease in revenue for the Reporting Period by approximately 25% to 30% as compared to the previous year, mainly as a result of (a) the continuous stringent and extensive lockdown in various cities and districts in the People's Republic of China during the Reporting Period which only came to an end in or around early December 2022; and (b) the conservatism among brand owners in the United States in placing orders due to uncertain consumer sentiments caused by the worsened global economic condition and the continued disruption in supply chain.