According to the Zhitong Finance App, Zhongchang International Holdings (00859) announced that it is expected that the Group will achieve a net loss of no less than HK$60 million after comprehensive tax for the year ending December 31, 2022. Compared with the year ending December 31, 2021, it achieved a profit of about HK$246 million after comprehensive tax.

According to the announcement, this decline in the Group's performance is mainly due to the fact that it did not obtain net income from the sale of 100% of the shares of Shanghai Yuexin Enterprise Management Consulting Co., Ltd. in fiscal year 2021.