Orange Sky Golden Harvest Entertainment (Holdings) Limited provided unaudited consolidated earning guidance for the year ended 31 December 2023. The board of directors informed the shareholders of the Company and potential investors that based on the information currently available and the Board's preliminary review and analysis of the unaudited consolidated management accounts of the Group, the Group is expected to record a net loss attributable to Shareholders of not less than HKD 90 million for the year ended 31 December 2023 as compared to a net loss of HKD 46 million for the year ended 31 December 2022. The Board considers that the increase in the net loss attributable to Shareholders for the year ended 31 December 2023 was mainly attributable to the net effect of (i) a non-recurring net gain of HKD 56 million during the year ended 31 December 2022 on disposal of the Group's Hong Kong office property and no such gain has been recorded for the year ended 31 December 2023; (ii) impairment losses on non-financial assets for the year ended 31 December 2023, offset by (iii) the reduction in exchange losses for the year ended 31 December 2023.