Universal Technologies Holdings Limited Provided earnings guidance for the year ended December 31, 2022. The board (the ‘Board') of directors (the ‘Directors') of Universal Technologies Holdings Limited to inform the shareholders of the Company (the ‘Shareholders') and potential investors that based on the information currently available, the Group is expected to record a net loss attributable to the Shareholders of not less than HKD 100 million for the year ended 31 December 2022 as compared to the net loss attributable to the Shareholders in the amount of HKD 39,102,000 for the year ended 31 December 2021, mainly due to (i) the slight decreases in the income of the Group's water supply business and property investment and development business and the increases in the operating costs, staff costs and administrative expenses for the full year, as anticipated by half-yearly results previously announced; (ii) the increase in exchange loss on Renminbi denominated assets of the Group; and (iii) the recognition of full-year segmental loss of the Group's financial services in Fiscal Year 2022, as compared to the recognition of only two-month's loss in Fiscal Year 2021 following the completion of the acquisition in November 2021.