Ocean Star Technology Group Limited provided earnings guidance for the year ended 31 March 2023. For the year, the Group is expected to record a loss attributable to owners of the Company of approximately HKD 34.0 million as compared to an audited loss attributable to owner of the Company of approximately HKD 18.8 million for the year ended 31 March 2022. The Board considers that such loss was mainly attributable to: the decrease in sales volume; the increase in staff cost; increase in depreciation of right-of-use assets in relation to rental of retail shops; the increase in allowance for inventories; and the increase in fair value losses on financial assets at FVTPL.