Chuang's China Investments Limited provides earnings guidance for the year ended march 31, 2024. For the period, the company expects a loss attributable to equity holders of the Company for the year ended 31 March 2024 in the
range of approximately HKD 318 million to HKD 398 million, as compared to a loss of approximately HKD 329 million for the last corresponding year. Based on an analysis of the unaudited financial information currently available, the loss for the year ended 31 March 2024 is principally attributable to (i) the recognition of a fair value loss of investment properties of the Group; (ii) the recognition of impairment provision for properties for/under development of the Group; and (iii) the recognition of an unrealized fair value loss on bond investments of the Group as a result of mark to market prices as at 31 March 2024. Shareholders of the Company and potential investors should, however, note that the above factors are accounting loss with no immediate cash flow impact to the Group. Despite the Group is expected to record a loss for the year ended 31 March 2024, the financial position of the Group remains healthy and sound.