Arta TechFin Corporation Limited provided earnings guidance for six months ended 30 September 2023. The board of directors of the Company informed the shareholders and potential investors of the Company that, based on the Board's preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2023, it is expected that the Group is likely to record a consolidated net loss of not less than approximately HKD 46 million for 1H FY2023 as compared to a consolidated net loss of approximately HKD 38 million for the six months ended 30 September 2022 ("1H FY2022"). Based on the information currently available to the Board, the expected increase in consolidated net loss for 1H FY2023 as compared to 1H FY2022 was mainly attributable to the combined effect of, inter alia, (i) decrease in revenue and other income by approximately HKD 3 million, due to the reduction in business volume caused by the decline in primary and secondary capital markets activities amid the unfavorable business environment; (ii) increase in information technology and maintenance expenses by approximately HKD 8 million; and (iii) increase in finance costs by approximately HKD 4 million, effect of which was partially set off by reduction of employee benefit expenses by approximately HKD 5 million and reduction of other operating expenses by approximately HKD 2 million.