abc Multiactive Limited provided earnings guidance for the year ended 30 November 2023. For the year, the Group expects to record a net loss of approximately HKD 12,782,000 for the year ended 30 November 2023 as compared to the net profit of approximately HKD 9,110,000 for the year ended 30 November 2022. Based on the information currently available, the Board considers the expected net loss for the year ended 30 November 2023 is mainly attributable to the following reasons: The Group recorded a revenue of approximately HKD 26,203,000 for the year ended 30 November 2023 decreased by 56.5% from that of approximately HKD 60,244,000 for the
corresponding period last year. The decrease in total revenues were mainly attributed to existing projects delayed delivery and launch by customers during the year ended 30 November 2023; and Due to the decrease in revenue for the year ended 30 November 2023, the gross profit of the Group for the year ended 30 November 2023 is decreased 56.7% from HKD 35,636,000 to HKD 15,429,000.