Ahsay Backup Software Development Company Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company expects the net loss will decrease by over 80% from the net loss of approximately HKD 16.1 million as recorded for the year ended 31 December 2021. Based on the information currently available, the Board considers that the decrease in net loss was mainly attributable to the decrease in staff cost resulting from the cost control measures imposed, which included team restructuring and salary reduction of the senior management of the Group during the Year.