Kong Sun Holdings Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the company expects to record a net loss of not more than approximately RMB20,000,000 for the Period as compared to a net loss of approximately RMB89,465,000 for the six months ended 30 June 2022. The expected decrease in net loss of the Group for the Period was primarily attributable to a combination of the following factors: an increase in share of profit of associates of approximately RMB40,000,000; and a decrease in finance costs of approximately RMB30,000,000 due to a decrease in total borrowings during the Period.