The board of directors of the Oshidori International Holdings Limited announced that based on the preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2022 and information currently available to the Company, the Board expects that the Group will record a net loss of HKD 80 million for the Year, compared with a net loss of HKD 3,145 million for the year ended 31 December 2021. The Board considers that this decrease in loss was mainly due to the absence of one-off net loss of HKD 3,335 million on disposal of financial assets for the Previous Year. Nevertheless, the performance from tactical and/or strategical investments segment for the Year remained weak due to the significant market volatilities and uncertainties in global economies.

Hong Kong Stock market entered 2022 on a high note followed by a low in the face of multiple uncertainties that Hang Seng Index hits a low at 14,597 points on 31 October 2022 marking a 13-year low.