National United Resources Holdings Limited provided preliminary group earnings guidance for the eighteen months ended 30 June 2023. For the period, the group expects to record a significant increase in profit attributable to the owners of the Company as compared with profit attributable to the owners of the Company of approximately HKD 54.8 million for the twelve months ended 31 December 2021. The expected significant increase in profit was mainly attributable to the significant gain on debt restructuring of over HKD 300 million, which equals to the aggregate amount of outstanding debt owed by the Company settled under the debt restructuring after haircut from the creditors and finance costs related to such outstanding loan incurred, less the cash settlement paid to the creditors; and fair value of creditors shares issued by the Company.

Details of the debt restructuring were disclosed in circular of the Company dated 31 December 2021.