Arts Optical International Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2023. For the year, the company expects to record a significant decrease in the net profit attributable to owners of the Company, it is anticipated to fall within the range of HKD 40 million to HKD 60 million for the year ended 31 December 2023, as compared to the consolidated profit attributable to owners of the Company of approximately HKD 114.8 million for the year ended 31 December 2022. The Board considers that the reasons for the decrease in net profit attributable to owners of the Company were mainly due to the following items: a net gain relating to the disposal of premises of HKD 58.8 million was recorded for the year ended 31 December 2022, but no such net gain was recorded for the year ended 31 December 2023; and a significant net foreign exchange gain of HKD 30.2 million was recorded for the year ended 31 December 2022 due to the depreciation of Renminbi against the United States Dollars during the year of 2022, but such net gain is not likely to be recorded for the year ended 31 December 2023 because the exchange rate between Renminbi and United States Dollars remained relatively stable throughout the year of 2023.