Jintai Energy Holdings Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company is expected that the Group will record a significant decrease in revenue of approximately 98% and incur a net loss attributable to the owner of the Company of around HKD 32 million as compared with a net profit attributable to the owner of the Company of approximately HKD 94.3 million for the corresponding period of 2021. The net loss and the decrease in Revenues were mainly attributable to the temporary suspension of a substantial part of its energy trading business since October 2021 and absence of new oil drilling agreement since the completion of oil drilling services under the well agreements in June 2021.