Allied Group Limited provided earnings guidance of the Group for the six months ended June 30, 2023. For the period, the Group is expected to record a consolidated loss attributable to owners of the Company for the six months ended 30th June, 2023 of not more than HKD 0.2 billion as compared to the unaudited consolidated loss attributable to owners of the Company of approximately HKD 0.6 billion for the corresponding period in 2022. The reasons of the reduction in loss were mainly attributable to: a decrease in loss attributable to SHK; a net increase in value arising from fair value change and impairment assessment of properties of the Group as compared to a net decrease for the same period in 2022; and an improvement in share of results of associates and joint ventures of the Group.