Fairwood Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2022. The board of directors of the company informed the shareholders of the company and potential investors that, based on its preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 March 2022 and the information currently available to the Board, the Group expects to record a significant decline of approximately 70% in the profit attributable to Shareholders for the Year, as compared with that profit of approximately HKD 153.6 million for the year ended 31 March 2021.