Yan Tat Group Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2022. The company expects to record an increase of not less than 80% in the Group's profit for the year ended 31 December 2022 as compared to the Group's profit for the year of approximately HKD 46.2 million for the year ended 31 December 2021. The expected increase in the Group's profit for fiscal year 2022 is primarily due to (1) the partial recovery of soaring material costs from certain customers; and (2) the rise in net gain on foreign exchange, which was mainly driven by the appreciation of United States Dollar against Renminbi.