Tysan Holdings Limited informed the shareholders and potential investors of the Company that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2023 and the management's preliminary assessment of such Management Accounts, the Group is expected to record a loss of around HKD 40 million for the six months ended 30 June 2023, as compared with a loss of approximately HKD 3 million for the corresponding period in 2022.