Edition Ltd. provided earnings guidance for the financial year ended 31 December 2023. For the period, the Group expects to report a significant net loss. The significant loss is mainly attributable to an expected impairment charge on a subsidiary's property, plant and equipment.

The expected impairment is the result of an impairment assessment on the recoverable amount of its property, plant and equipment. The assessment has taken into consideration the past performance, expectations of market conditions in Singapore and the industry trends for agriculture.