Oriental Explorer Holdings Limited provided earnings guidance the year ended 31 December 2023. The Company expects it may record a loss before taxation for the year ended 31 December 2023 of approximately HKD 38 million as compared with a profit before taxation of approximately HKD 15 million for the year ended 31 December 2022, mainly caused by (i) fair value loss of investment properties of approximately HKD 45 million and (ii) the increase in finance costs due to increase in interest rates.
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- Oriental Explorer Holdings Limited Provides Earnings Guidance the Year Ended 31 December 2023