Luks Group (Vietnam Holdings) Company Limited provided preliminary consolidated group earnings guidance for the six months ended June 30, 2022. For the period, the group expects to record a decrease in net profit for over 40% as compared to the corresponding period of 2021. The profit decline was mainly attributable to a loss recorded from the Group's cement business in Vietnam for the period, largely affected by the substantial increase in coal price during the period, when comparing to a profit recorded for the same period last year.

The rental income of the Saigon Trade Center also recorded a decline, whereas the hotel business in Hong Kong recorded an increase during the period when comparing to the corresponding period in 2021.