China Jindian Group (08281.HK) announced on May 6th that the group is expected to be inFor the three months ended March 31, 2022The consolidated loss attributable to the owners of the company will be between 3.8 million RMB and 4.5 million RMB, compared with the loss of 2.7 million RMB in the previous year.The increase in performance losses will be between 41.0 per cent and 67.0 per cent.

The Board considers that the loss during the performance period is mainly due to: (I) the decrease in sales due to the continued impact of the COVID-19 epidemic; and (ii) the increase in the prices of raw materials and packaging materials.