Lotus Horizon Holdings Limited provided consolidated earnings guidance for the year ended March 31, 2022. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary assessment on the latest unaudited consolidated management accounts of the Group and other information currently available to the Board, the Group is expected to record a consolidated net loss not less than HKD 15.0 million for the year ended 31 March 2022 as compared to the audited consolidated net profit of approximately HKD 23.0 million for the year ended 31 March 2021 (after excluding the impact of the one-off listing expenses of approximately HKD 1.3 million recognized during the Corresponding Year).