Vision International Holdings Limited provided earnings guidance for the year ended 31 December 2023. For the year ended 31 December 2023, the Group expects to record a net loss attributable to the owners of the Company in approximately HKD 34 million for the year ended 31 December 2023 as compared to the net profit attributable to the owners of the Company of approximately HKD 4.9 million for the year ended 31 December 2022. The Board considers that the loss incurred for the year ended 31 December 2023 was mainly attributable to the combined effect of the decrease in sales of apparel products as a result of the slower than expected economic recovery; the increase in cost of sales that caused by a one-off claim in relation to quality issue of the Group's products; the distribution of director's bonus; and the increase in the marketing expense for the Group's products
during 31 December 2023.