Ocean Star Technology Group Limited provided unaudited consolidated earnings guidance for the three months ended 30 June 2022. The board informed the shareholders of the Company and potential investors that, based on the information currently available to the Board, including the unaudited consolidated management accounts of the Group for the three months ended 30 June 2022, the Group is expected to record a loss attributable to owners of the Company of approximately HKD 3.3 million for the three months ended 30 June 2022 as compared to an unaudited profit attributable to owner of the Company of approximately HKD 0.7 million for the three months ended 30 June 2021. The Board considers that such loss was mainly attributable to: (1) the decrease in sales volume due to weak retail sales caused by the COVID-19 pandemic; and (2) the increase in marketing expenses for promotional activities, depreciation of right-of-use assets and staff cost.