Times Universal Group Holdings Limited provided earnings guidance for the six months ended 30 June 2022. The company expected that the Group will
record a loss in the range of approximately HKD 10 million and HKD 13 million for the Period, as compared to the loss of approximately HKD 5.4 million for the six months ended 30 June 2021, which is mainly attributable to (i) the impact from the ongoing development of coronavirus disease COVID-19 in the PRC and Canada, which affected the Group's operating environment in the PRC and Canada; and (ii) the decrease in market value of the cryptocurrency held by the Group.