Giordano International Limited provides earnings guidance for the year ended December 31, 2022. The Group is expecting to record a net profit attributable to Shareholders (Net Profit) in the range of HKD 240 million to HKD 270 million for the year ended December 31, 2022, representing an increase ranging from 26% to 42%, as compared with the net profit of HKD 190 million for the corresponding period in 2021. As disclosed in the Announcements, a Net Profit of HKD 97 million was recorded by the Group for the six months ended June 30, 2022.

The Group expected to record a Net Profit of approximately HKD 143 million to HKD 173 million in the second half of the year ended December 31, 2022, attributable mainly to the sales growth in Southeast Asia and the Gulf Cooperation Council markets. Efforts towards further streamlining the Group's business, effective cost control measures and the upgrading of the Giordano brand have all contributed towards improving financial results.