King Stone Energy Group Limited updated earnings guidance for the six months ended 30 June 2022. For the period, it is expected the Group will record a net loss of approximately HKD 10 million for the six months ended 30 June 2022 as compared to a net profit of approximately HKD 32.3 million for the six months ended 30 June 2021. The expected turnaround from profit to loss for the six months ended 30 June 2022 was mainly attributable to (i) decrease in reversal of impairment of financial assets of approximately HKD 15 million; and (ii) absence of the one-off gain on disposal of an associate of approximately HKD 6.6 million recognized for the six months ended 30 June 2022.