Hanvey Group Holdings Limited provided consolidated earnings guidance for the nine months ended September 30, 2023. For the period, the company is expected to record a loss attributable to the owners of the Company for the nine months ended 30 September 2023 of not less than approximately HKD 5.00 million, as compared to the profit attributable to its owners of approximately HKD 2.64 million for the nine months ended 30 September 2022. The Board considers that the turning from profit to loss is mainly due to (i) the drop in revenue from HKD 207.71 million to HKD 143.61 million for the nine months ended 30 September 2023 as compared to the corresponding nine-month period in 2022 due to the ongoing uncertainty across the global market; and (ii) the increase in the Group's finance cost due to the rise in bank interest rates.