Hong Kong Economic Times Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2023. For the period, the group is expected to record a loss attributable to owners of the Company of approximately HKD 20 million for the six months ended 30 September 2023 as compared to the profit attributable to owners of the Company of HKD 35.1 million (after the Employment Support Scheme subsidy granted by the Hong Kong Government of HKD 33.3 million) for the corresponding period in 2022. The expected loss is mainly attributable to the decrease in revenue as a result of the sluggish local advertising market and the weak economic environment and market sentiment.