Beijing Sports and Entertainment Industry Group Limited provided consolidated earnings guidance for the year ended 31 December 2022. The company is expected that the Group will record a greater net loss approximately in the range of HKD 82 million to HKD 100 million and a net loss attributable to the owners of the company approximately in the range of HKD 63 million to HKD 77 million for the year 2022 as compared to the net loss of approximately HKD 41.6 million and the net loss attributable to the owners of the company of HKD 38.8 million for the year ended 31 December 2021.