Dragon Rise Group Holdings Limited provided unaudited consolidated earnings guidance for the year ending 31 March 2024. For the period, the Group anticipated that the profit attributable to the Shareholders for the year ending 31 March 2024 is expected to decrease by approximately 40% to 50% as compared to that for the year ended 31 March 2023. Based on the information currently available, the expected decrease in the consolidated profit attributable to the Shareholders is mainly attributable to an increase in expected credit losses allowance due to the slow recovery of the local economic environments, the financial conditions and repayment abilities of the customers in the Group's business have been adversely affected.