According to the Zhitong Finance App, Jinao International (00009) announced results for the year ending December 31, 2022, with earnings of HK$17.186 million, down 6.2% from the previous year; net loss of HK$506 million, a decrease of 5.8% over the previous year; and a basic loss of HK$14.18 per share.

Property rental income contributed to total revenue fell to approximately HK$17.186 million during the period due to rent relief and the reduction of some tenants' business under the COVID-19 pandemic. Since the townhouse complex will be completed by mid-2023, property sales do not contribute revenue to the total revenue (2021: none).