Lai Sun Development Company Limited provided earnings guidance for the six months ended January 31, 2022. The board of directors of the Company inform shareholders of the Company ("Shareholders') and potential investors that the unaudited consolidated loss attributable to owners of the Company for the Period is expected to decrease significantly by not less than 50% as compared to a net loss of approximately HKD 1,227.4 million for the six months ended 31 January 2021. The narrowed loss is primarily attributable to the increase in valuations of investment properties owned by the Group and held through joint ventures of the Group during the Period as compared to the same period last year.